Bit9, a business that provides software and services to fight cyber attacks, just secured $34.5 million dollars in Series D funding led by Sequoia Capital.
"This latest round of funding is the largest in the company's history and underscores the support
understand the changing nature of the security market. It places a bet squarely on our vision and technology," CEO Patrick Morley said in a statement.
The company's main product is an
According to Bit9 research, 59% of U.S companies believe they have been a victim to some sort of cyber threat. With both small and large businesses like Zappos and LinkedIn becoming targets for cyber attacks, investors thought it was time to take action.
"The market has reached a clear inflection point where organizations of all sizes across all industries need a new approach to
Other investors participating in the round include Atlas Venture, Highland Capital Partners, Kleiner Perkins Caufield & Byers, and .406 Ventures.
Bit9 raised $72.8 million to date.