Click Security, a provider of real-time security analytics, has raised $17.7m in its series B round from a consortium including Citi Ventures, the corporate venturing division of the US-based financial services corporation Citigroup.
Venture capital firm Lightspeed Venture Partners led the B round, which also included VC peer and return backer Sequoia Capital.
To date, Click Security has raised $24.7m. The company raised $7m in 2011 in a series A round led by Sequoia Capital.
John Vrionis, partner at Lightspeed Venture Partners, said: “The business of global cybercrime, by some estimates, now exceeds $300bn annually.”