Invincea, a US-based malware detection software company, has raised $16m of series C financing led by Dell Ventures, a subsidiary of US-based computer maker and technology services company Dell, and Swiss-based investment company Aeris Capital.
Grotech Ventures, Harbert Ventures, and New Atlantic Ventures, which invested in Invincea in previous rounds, also took part in this latest round. In 2011, Invincea raised $5.1m.
Invincea recently reported a year-to-year revenue growth of 200% and launched a new product, FreeSpace, a security software for small businesses.
Dell is one Invincea’s major clients. Invincea will provide software protection to more than 20 million Dell devices in the next twelve month, and many more in the coming years. “If by working with us, the company were to double… we get to participate in the upside that we helped to create,” Jim Lussier, managing director of Dell Ventures, told the Wall Street Journal.