raises legitimate Menlo Security raises $40 million to help companies block malw are

Menlo Security raises $40 million to help companies block malw.are.
Cybersecurity startup Menlo Security has closed a $40 million series C round of funding from American Express Ventures, Ericsson Ventures, HSBC, JPMorgan Chase, General Catalyst, Sutter Hill Ventures, Osage University Partners, and Engineering Capital.

Founded out of Menlo Park in 2013, Menlo Security’s core raison d’être is to protect organizations from cyberattacks by blocking malware from the web, documents, and email. The so-called Menlo Security Isolation Platform (MSIP) basically sits between the end user’s device and the internet. All web access requests are proxied via the MSIP, which connects to a site and then streams a safe version of the website to the end user’s device.

The company claims “millions of users” at “hundreds of companies” are currently protected by Menlo Security’s cloud-based platform, including Macy’s and Fujitsu.

Up until now, the company had raised $45 million, and with its latest cash injection it said that it plans to grow its sales and marketing efforts globally.

raises legitimate Menlo Security raises $40 million to help companies block malw are
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Science & Technology	Upload TimePublished on 11 Dec 2017

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