CounterTack, a US-based cybersecurity company which provides “real-time endpoint threat detection, context and visibility around targeted attacks” against enterprises, announced at the end of February that it had closed out its series B financing round with an additional $3m, to complete a $15m raise which had its first close of $12m in October 2013.
With this extension, the venture capital unit of Siemens (SFS VC) joins CounterTack investors including Goldman Sachs, Fairhaven Capital and a group of private financiers.
The funding will be used to “fuel an accelerated technology expansion and market delivery of CounterTack’s Sentinel platform for real-time endpoint threat detection and response for the enterprise.”
“CounterTack is delivering an enormously valuable technology to enterprise and industrial customers in the important endpoint threat detection and response market,” said Ralf Schnell, CEO of SFS VC. “As the threat landscape continues to grow more dangerous, innovation from emerging technology leaders like CounterTack is changing the way organizations think and act about security in the enterprise. We’re thrilled to be part of the dynamic growth CounterTack is experiencing.”