Israel-based cloud and data centre security software developer GuardiCore extended a series B round featuring networking technology provider Cisco and computer producer Dell to $35m on Tuesday.
The $15m extension was co-led by TPG Growth, the growth equity arm of private equity group TPG, and Greenfield Partners, an early-stage joint venture between TPG Growth and Israeli entrepreneur Yuda Doron.
The company closed the $20m first tranche of the round in July 2016, securing funds from Cisco unit Cisco Investments, venture capital firms Battery Ventures and 83North, and, it revealed Dell Technologies Capital, the corporate venturing vehicle operated by Dell.
GuardiCore supplies software that protects workloads and applications using dynamic detection technology and automatic incident analysis. It claims to provide greater visibility into data centre activity than other products while cutting the time required to detect and combat breaches.
Pavel Gurvich, co-founder and CEO of GuardiCore, said: “The addition of TPG to our already impressive list of investors is a strong endorsement that allows us to accelerate our growth in large enterprise accounts and expand our solution further into the broader global market.”
The company has now raised $48m altogether, Battery Ventures and 83North having supplied it with $11m of series A funding in 2014.