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Guardio has raised $40 million in a funding round led by existing investors at a valuation of $1.1 billion, with Assaf Rappaport participating as an investor.
Israeli cybersecurity company Guardio has secured $40 million in a funding round that values the company at $1.1 billion. The financing was led by existing investors including ION Crossover Partners and Union Tech Ventures. Guardio has achieved significant growth with over $150 million in annual recurring revenue and one million paying customers. The investment will allow the company to accelerate its growth without diluting existing shareholders.
Company Information
Company
Guardio
Location
Tel Aviv, Tel Aviv District, Israel
About
Today a startup that has built what it believes comes next is making some news with a large funding round, its first outside money. Peled — who co-founded the company with Daniel Sirota, and Michael Vainshtein — said that the company typically has a detection rate of 73% in the first week for average users, where it has been able to identify activity that might be susceptible to data leakage, malicious extensions and other nefarious activity.
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Tel Aviv