Guardicore Raises $60M and Moves US HQ to Boston From San Francisco
Summary
US-Israeli cybersecurity startup Guardicore is moving its American headquarters from San Francisco to Boston after hiring a Massachusetts marketing executive and raising a $60 million funding round. The Tel Aviv-based company’s decision to run American operations from Boston is a well-worn path for high-tech firms, with more than 200 Israeli-founded businesses employing more than 9,000 people in IT and life sciences roles, according to a 2016 study . Guardicore’s Nathan Perdue tells Xconomy the preference over San Francisco came down to a handful of reasons: Boston’s talent pool, the East Coast being three time zones closer to Israel, the company’s recent hiring of former NetScout (NASDAQ: NTCT ) marketing chief Chris Gaebler, and a fourth, less tangible reason. They both are cities that tell it how it is,” says Perdue, who lives in the Boston area and serves as Guardicore’s vice president of North American sales. Guardicore’s technology is meant to take advantage of the rush of enterprises moving their computing power from on-premises servers to remotely located machines that store data in the “cloud”—and often multiple cloud-based systems.
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