Israel-based cybersecurity technology provider IntSights Cyber Intelligence has received $17m in a series C round featuring IT services provider Wipro.
Venture capital firm Tola Capital led the C round, which included Glilot Capital Partners, Blackstone, Blumberg Capital and ClearSky Security. It increased the company’s overall funding to $40m altogether.
Founded in 2015 by Guy Nizan, Alon Arvatz and Gal Ben-David, IntSights has built a threat intelligence platform that uses an analytics engine to sift through cyber threat reports and prioritise data by importance, converting the most crucial information into immediate actions.
Wipro’s corporate venturing unit, Wipro Ventures, invested $1.5m in IntSights as part of a $7.5m series A round in September 2016 that was led by Blumberg Capital and backed by Glilot Capital Partners, Blackstone and undisclosed angel investors.
IntSights subsequently secured $15m in a series B round featuring Wipro in addition to Blumberg Capital and Vintage Investment Partners, Glilot Capital Partners and Blackstone.
Guy Nizan, founder and chief executive of IntSights, said: “This new round of funding will fuel further investment in our cyber reconnaissance capability and global expansion, allowing us to bring the power of tailored intelligence to enterprises around the globe.”