Ionic Security, a US-based distributed data security platform, has raised $25.5m series B funding co-led by Google Ventures and Jafco Ventures, with participation from the Webb Investment Network as well as existing investors Kleiner Perkins Caufield and Byers (KPCB), ff Venture Capital, Tech Operators, and angel investors Dr. Paul Judge, Ken Levine, and Phillip Dunkelberger. This latest round of funding brings Ionic Security’s total amount raised to $38 million.
Tom Mawhinney, general partner with Jafco Ventures, said: “The megatrends of mobility and cloud computing have forced enterprises to re-think how they secure their key data and assets and who is best-positioned to help them in that regard.”
“With the rise of cloud services and an increase in mobile workers, current security models are much less effective than they used to be. The classic enterprise perimeter is dissolving, and is being replaced by a new set of requirements,” said Karim Faris, General Partner at Google Ventures. “Ionic’s distributed approach ties security to your data regardless of where it lives, and represents a significant opportunity for the enterprise.”