GV, the corporate venturing unit formerly known as Google Ventures, has invested an undisclosed amount in US-based cybersecurity software developer Acalvio Technologies, taking its total funding to $22m.
Acalvio’s Deception 2.0 technology uses dynamic deception and data science to cost-effectively detect, engage and respond to cyber threats at scale.
The company emerged from stealth in July this year having raised $17m from Accel, Ignition Partners and Eileses Capital before data software producer Splunk added an undisclosed sum in September.
Tyson Clark, partner at GV, said: “Acalvio has developed highly differentiated, scalable deception technology that produces better detection and detailed attack analysis than traditional deception technology.
“As hacks and data breaches become increasingly prevalent, [chief information security officers] are taking a more holistic view of security architectures. Acalvio is well positioned in this market as companies deploy next-generation deceptive response technology as part of their core security strategies.”