Menlo Security Raises $100 Million in Latest Financing
Menlo Security, a leader in cloud security, announced it has raised $100 million in Series E funding, valuing the company at $800 million. The round was led by Vista Equity Partners (“Vista”), a leading global investment firm focused on enterprise software, data and technology-enabled businesses, with additional participation from Neuberger Berman funds, General Catalyst, JP Morgan, and other existing investors. This new capital will further fuel market expansion and empower the company to scale go-to-market capabilities, as well as provide increased investment in engineering to accelerate product delivery and category expansion.
As businesses of all sizes embrace remote working and migrate to software as a service (SaaS), security is being completely re-architected to combat modern day threats such as phishing and ransomware. Traditional “detect and respond” approaches fail to provide the safety that users and businesses need. Menlo Security’s mission is to make internet use safe, seamless, and effective. The Menlo Security Cloud SWG is an extensible security platform – built on a unique isolation core – that delivers on the promise of cloud security by:
- Providing the most effective zero trust approach to preventing malicious attacks;
- Offering a seamless experience for end users that allows for safe, uninterrupted work while accessing the internet, SaaS or private applications; and
- Removing the significant operational burden for security operations teams.
“In today’s dynamic threat landscape with the rapid growth in connected devices, simultaneous de-centralized network structures, and the widespread embrace of SaaS and cloud-based applications, providing a safe internet experience is more important and challenging than ever before,” said Ryan Atlas, Managing Director, Vista Equity Partners. “Menlo Security has taken a unique approach with Isolation technology at its core that is able to completely neutralize all critical attack vectors of Web and email. We are thrilled to partner with Amir and the team to build on Menlo Security’s tremendous momentum and help catapult the company into their next phase of growth.”
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