Skyport Systems Lands $30M in VC to Secure Infrastructure
SkySecure is a remotely managed platform that establishes a secure enclave for an enterprise's most important business applications.Newcomer Skyport Systems, which has developed new-gen security specifically for enterprise architecture, has landed a $30 million round of venture capital funding, enabling the company to expand sales and marketing and accelerate its research and development programs. The funding was led by GV (formerly known as Google Ventures), with participation from Cisco Investments, Thomvest Ventures, Northgate Capital and InstantScale in addition to existing investors Index Ventures, Sutter Hill Ventures and Intel Capital. The Series C round, announced March 16, brings total Skyport funding to $67 million, according to Crunchbase. Skyport Systems' hyper-secured infrastructure, called SkySecure, is designed to ensure the security of mission-critical IT and corporate assets by using tight integration and control of compute, security, virtualization and policy management. SkySecure is a remotely managed platform that establishes a secure enclave for an enterprise's most important business applications. Skyport Systems claims this is the first turnkey and security-embedded platform to re-architect compute, security and virtualization into a single technology stack, keeping data on-premises, and mission-critical IT and assets safe.
Due to increasing threats from cyber-criminal states and individuals, enterprises are investing more capital into securing their computing infrastructure. Nonetheless, a high percentage of infiltrators get into systems and create havoc by stealing or damaging personal and business data.