Qumra Capital leads hefty Series C for data centre, cloud security company Guardicore

Qumra Capital has led a hefty $60m Series C round for data centre and cloud security business Guardicore.

The round, which also included capital from existing backers Battery Ventures, 83North, TPG Growth and Greenfield Partners, almost doubles the total raised by Guardicore to date.

Guardicore customers include financial service majors such as Deutsche Bank, as well as companies working in healthcare and retail.

Qumra Capital founding partner Boaz Dinte said, “Guardicore is changing the way enterprises approach data center security with modern segmentation capabilities that overcome the inherent inefficiencies of traditional techniques and results in stronger security for enterprise environments.

“Guardicore is disrupting the market and is well positioned to capitalize on the broader opportunities this presents.

“We were compelled to invest as the lead in this round because we believe Guardicore will play a critical role in shaping the future of enterprise security, helping organizations better protect vital systems and data as we evolve our digital information society.”

Israel-based Qumra hit a $150m final close for its second fund last year, just six months after closing its $115m debut vehicle.

The late-stage fund is being used to target growth startups with sales of at least $10m.

Copyright © 2019 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research


The following investor(s) were tagged in this article.