Israel-based cybersecurity technology developer IntSights confirmed on Tuesday it has closed a $7.5m series A round featuring Wipro Ventures, the venture capital arm of IT services provider Wipro.
Venture capital firm Blumberg Capital led the round, which included VC fund Glilot Capital Partners, private equity and asset management firm Blackstone and undisclosed private investors. Wipro invested $1.5m in the round, according to a regulatory filing last month.
Venu Pemmaraju, co-head of Wipro Ventures, by email said it was the first direct investment Wipro had made in Israel.
IntSights, developed by a team out of the Israeli military’s 8200 intelligence unit, has developed cyber threat intelligence software that focuses on the dark web, combining multi-source cyber intelligence coverage with an analytics engine that prioritises that intelligence and determines the best solution.
Guy Nizan, chief executive of IntSights, said: “We are proud and excited that new investors and partners are joining IntSights.
“Together we will accelerate the unique value we bring to our customers: an end-to-end solution that allows detection of cyber threats before they get to the corporate network and an automatic security response to the identified threats“
The round, which follows a $1.8m seed investment by Glilot Capital Partners in October 2015, will help IntSights grow in the US by strengthening its sales and marketing capabilities.