Prolexic Technologies, a US-based provider of distributed denial of dervice (DDoS) protection services, has closed a $30m series C funding round led by new investors, venture capital and growth equity firm Trident Capital and Intel Capital, the corporate investment arm of US microprocessor maker Intel.
Previously, Prolexic Technologies secured $8m series B funding in February 2012, led by Camden Partners; in March 2011, it closed a $13.9m growth funding round led by Kennet Partners.
Gustavo Alberelli, Trident Capital’s managing director, who is joining Prolexic’s board of directors, said: “For the past two years, I have seen companies and government agencies around the world repeatedly select Prolexic for DDoS protection, cementing the firm’s position as market leader.”
Scott Hammack, chief executive officer of Prolexic, said: “We are pleased to partner with seasoned security investors like Trident Capital and Intel Capital. With this additional funding, we will be able to accelerate a number of strategic initiatives as we continue to expand our portfolio of cloud-based products and industry-leading DDoS protection services.”