AAA Bromium secures $40m in series D round

Bromium secures $40m in series D round

Bromium, a US-based cybersecurity technology producer backed by semiconductor technology supplier Intel, has secured $40m in series D funding from undisclosed existing investors and growth equity fund Silver Lake Waterman.

Founded in 2011, Bromium’s endpoint cybersecurity software uses micro-virtualisation technology to isolate attack vectors, eliminate security breaches and provide detailed information about each attack.

The round increased Bromium’s overall funding to $115m and will be used to expand its international sales and marketing and open offices in Germany and the Benelux and Nordic regions.

Ian Pratt, co-founder and CEO of Bromium, said: “Enterprises realise traditional perimeter defences cannot protect them against today’s polymorphic attacks that are designed to bypass legacy detection-centric endpoint protection products.

“Bromium is growing fast because our Advanced Endpoint Security platform offers unparalleled bare-metal protection. We are positioned for strong growth with our uniquely differentiated technology and products.”

The funding comes after a $40m series C round in 2013 that was led by Meritech Capital Partners and backed by Intel Capital, which acts as Intel’s corporate venturing subsidiary, Andreessen Horowitz, Ignition Partners and Highland Capital Partners.

Intel Capital, Highland Capital Partners, Andreessen Horowitz and Ignition Ventures had already participated in a $26.5m series B round the year before.

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