Cyphort Nearly Triples Valuation with $30M Series C
June 03, 2015
Network security provider Cyphort has raised $30 million in Series C funding, growing its valuation to $152 million; the company was valued at $55 million after a $15.5 million round in October 2013. The new financing was led by Sapphire Ventures, with participation from all existing investors. Altogether, the company has raised more than $53 million in VC. Cyphort's solutions help organizations to detect, analyze and add contextual intelligence to stop cyber threats.