US-based cyber threat detection software producer Anomali completed a $40m series D round yesterday that included internet and technology group Alphabet and telecommunications companies Telstra and Deutsche Telekom.
Venture capital firm Lumia Capital led the round, which included Sozo Ventures, General Catalyst, Institutional Venture Partners (IVP) and Paladin Capital, while Alphabet and Deutsche Telekom took part through their GV and Deutsche Telekom Capital Partners units.
Anomali has created a platform that integrates with an enterprise’s internal IT infrastructure to identify, analyse and contain cyber threats. It will use the series D cash to strengthen its technology and expand in the US and internationally.
The round increased Anomali’s total funding to $96m since it was founded in 2013 as ThreatStream. Its last round was a $30m series C in 2016 that was led by IVP and backed by GV, General Catalyst, Paladin Capital and In-Q-Tel.
GV, Paladin, General Catalyst and IVP had also provided $22m for the company in a series B round that closed in December 2014, after it had secured $4m earlier in the year, in a GV-led series A also featuring angel investors Tom Reilly and Hugh Nijemanze.
Telstra Ventures managing director Mark Sherman said: “We seek disruptive companies with great leaders and great solutions to address pressing cybersecurity challenges.
“Anomali adds critical attack detection and threat sharing capabilities to our portfolio, helping Telstra deliver a more complete suite of security offerings to our customers.”