US-based distributed data security platform Ionic Security raised $40.1m yesterday in a series C round featuring Google Ventures, the corporate venturing arm of internet company Google.
Meritech Capital Partners led the round, which included investments by Kleiner Perkins Caufield & Byers (KPCB), Tech Operators and Jafco Ventures. Ionic has now raised about $78m in total.
Google Ventures previously led Ionic’s $25.5m series B round in February 2014, which also included KPCB, Tech Operators, Jafco, Webb Investment Network, FF Venture Capital and angel investors Paul Judge, Ken Levine and Philip Dunkelberger.
Ionic closed a series A round in 2013 backed by $9.4m of funding from Google Ventures, KCPB, Tech Operators, Judge, Levine and Christopher Klaus.
Founded in 2011 as Social Fortress, Ionic produces software which is able to protect sensitive data on corporate networks, the cloud and mobile devices. Its clients include social networks Facebook and Twitter, and cloud computing company Salesforce.
Ionic will use the funding to target the wider market beyond Fortune 100 companies.