14 DAY TRIAL // IT security solutions provider AlienVault has raised $30 million (€22 million) in a Series D funding round led by GGV Capital. Intel Capital has also decided to invest in the company.
Kleiner Perkins Caufield & Byers (KPCB), Trident Capital, Top Tier Capital, Correlation Ventures, Sigma West and Adara Venture Partners have also participated in the funding round that was first announced in September.
AlienVault will use the money for global sales and marketing programs. In addition, the company plans on increasing investment in product innovation and the expansion of the OTX platform.
“This is a great strategic extension of our Series D round,” commented Barmak Meftah, president and CEO of AlienVault.
“Intel Capital brings with it knowledgeable insights and a robust network of technology innovators and channel partners that will enable AlienVault to reach the broad mid-market even more quickly and innovate in ways that make threat prevention, detection and response easier to afford and achieve.”