AlienVault, a US-based cybersecurity company which provides unified security management (USM) and crowd-sourced threat intelligence, has added Intel Capital to its series D funding round, closing it at $30m. AlienVault’s series D round was first announced in September 2013, a $26.5 funding round led by GGV Capital, with participation from Trident Capital, Kleiner Perkins Caufield & Byers, Sigma West, Adara Venture Partners, Top Tier Capital and Correlation Ventures.
AlienVault will use the funds to scale its sales and marketing programs, increase investments in product innovation and expand its OTX platform, a crowd-sourced repository for threat information.
Maurits Tichelman, general manager of Intel’s Reseller Channel Organization, said: “AlienVault’s USM platform targeted at small and medium businesses provides a comprehensive yet affordable security solution. We look forward to introducing AlienVault to our global network of 150,000 Intel Technology Providers who can provide unique key services, a Managed Security Service Platform, and distribution of the AlienVault Security offering to their customer base.”
Barmak Meftah, president and chief executive officer of AlienVault, said: “Intel Capital brings with it knowledgeable insights and a robust network of technology innovators and channel partners that will enable AlienVault to reach the broad mid-market even more quickly and innovate in ways that make threat prevention, detection and response easier to afford and achieve.”
Glenn Solomon, partner at GGV Capital and member of AlienVault’s Board of Directors, said: “Intel Capital’s shared emphasis on helping start-ups scale their businesses and build strong channel relationships will serve AlienVault well, as the company amplifies its reach to the mid-market, and leads the industry toward a better threat sharing paradigm.”