Valtix Secures $12.5M in Strategic Investments
Company also names CEO, VP of worldwide sales, and VP of worldwide operations.
Santa Clara, CA - January 21, 2021 - Valtix, the industry’s first cloud-native network security platform, announced that it has secured $12.5 million in strategic funding from Cisco Investments, Northgate Capital and The Syndicate Group. These new investors join Trinity Ventures, Vertex Ventures and Wing Venture Capital, which committed $14 million in initial funding when the company launched in 2019.
The new capital will be used to accelerate the company’s go-to-market strategy that will help Valtix scale in 2021. Valtix will also leverage extensive channel relationships in partnership with The Syndicate Group (TSG), a boutique venture capital firm with deep channel relationships across an extensive network of VARs, integrators and consultancies.
Valtix Secures Strategic Investments from Cisco Investments and TSG, Names Former Juniper and Big Switch Executive Douglas Murray CEO
Customer Adoption Accelerates and Leadership Team Expands
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SANTA CLARA, Calif., Jan. 21, 2021 /PRNewswire/ Valtix, the industry s first cloud-native network security platform, announced that it has secured $12.5 million in strategic funding from Cisco Investments, Northgate Capital and The Syndicate Group. These new investors join Trinity Ventures, Vertex Ventures and Wing Venture Capital, which committed $14 million in initial funding when the company launched in 2019.
The new capital will be used to accelerate the company s go-to-market strategy that will help Valtix scale in 2021. Valtix will also leverage extensive channel relationships in partnership with The Syndicate Group (TSG), a boutique venture capital firm with deep channel relationships across an extensive network of VARs, in
By Ionut Arghire on January 21, 2021
Multi-cloud network security platform provider Valtix on Thursday announced that it raised $12.5 million in strategic funding.
Founded in 2018 and launched in 2019 with $14 million in funding, the Santa Clara, California-based company provides enterprise customers with a cloud-native network security service that can help protect both applications and services.
Available on a pay-as-you-go pricing model, Valtix’s platform provides automated cloud application discovery, security deployment, and application defense capabilities.
Last year, the company made its platform generally available on Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP), and it now serves customers on all three clouds. Valtix has customers in the financial services, government, healthcare, and retail sectors.