US-based cloud security company CounterTack has attracted $15m for a series C round led by healthcare software developer TenEleven’s corporate venturing unit TenEleven Ventures.
The round featured Siemens Venture Partners, the corporate venturing arm of electronics conglomerate Siemens, conglomerate Mitsui, telecommunications equipment company Alcatel-Lucent, investment bank Goldman Sachs and OnPoint Technologies, the venture capital arm of the US Army.
EDBI, the investment vehicle of the Singapore Economic Development Board, as well as venture capital firms Razor’s Edge and Fairhaven Capital also participated.
Using big data analytics, CounterTack’s Sentinel platform provides real-time detection of potential threats across all devices – laptops, workstations, mobile devices and servers – that are connected to a company’s network.
CounterTack closed a $20m series B round in June 2014 featuring Siemens Venture Capital, OnPoint, Goldman Sachs, Fairhaven and Razor’s Edge, after securing $9.5m in a 2011 series A round led by Fairhaven that included additional, undisclosed investors.
Originally known as NeuralIQ, CounterTack also closed a $5.7m round in 2010, according to regulatory filings. It will use the series C funding to support continued global expansion.