Close
  • Latest News
  • Artificial Intelligence
  • Video
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
Read Down
Sign in
Close
Welcome!Log into your account
Forgot your password?
Read Down
Password recovery
Recover your password
Close
Search
Logo
Logo
  • Latest News
  • Artificial Intelligence
  • Video
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
More
    Home Cybersecurity
    • Cybersecurity
    • Virtualization

    Bromium Raises $40M to Fuel R&D in Virtualized Security

    Written by

    Sean Michael Kerner
    Published October 23, 2013
    Share
    Facebook
    Twitter
    Linkedin

      eWEEK content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More.

      In a vote of confidence, investors are pumping $40 million in new funding into security startup Bromium. The company, which former Citrix XenSource executives founded, is all about leveraging virtualization technology to enable more secure operating system environments.

      Since its founding in 2011, Bromium has raised a total of $75 million. In 2012, when the company was still in stealth mode, co-founder Simon Crosby explained that Bromium’s goal was to build a Byzantine fault tolerant system. The basic idea behind Byzantine fault tolerance is a system that is able to survive multiple and arbitrary forms of attack or failure across any of its component parts.

      Bromium officially launched its first commercial product, vSentry, in June 2012. The technology involves the use of micro virtual machines that break up the various pieces of computation on an operating system, Gaurav Banga, CEO of Bromium, told eWEEK.

      Each of the micro virtual machines provides a degree of isolation and security against the other and minimizes the risk of vulnerabilities being exposed to the underlying operating system.

      vSentry version 2.0 shipped this past summer, and the company now has more than 30 large customers using the product, Banga said.

      Bromium aims to use the new financing to fund further research and development to help scale up the business model and double revenue. The $40 million is also a testament to investors’ confidence and belief that Bromium has a viable growth model, Banga said.

      “The cyber-security problem is acute, and it’s a good time to harness the momentum that we have,” Banga said. “You don’t raise $40 million unless you have a good valuation.”

      Bromium currently has a recurring revenue model, and more products beyond just vSentry are in the works, Banga said. To date, Bromium has focused on the x86 market.

      “We want to increase our investment in mobile,” Banga said.

      With the new capital now in hand, Banga isn’t thinking much about an exit strategy either—whether that strategy is an initial public offering (IPO) or otherwise, he said.

      “I’m just trying to grow the business,” Banga said. “An IPO is just a milestone; we look at our milestones as being the next level of revenue and customers.”

      Sean Michael Kerner is a senior editor at eWEEK and InternetNews.com. Follow him on Twitter @TechJournalist.

      Sean Michael Kerner
      Sean Michael Kerner
      Sean Michael Kerner is an Internet consultant, strategist, and writer for several leading IT business web sites.

      Get the Free Newsletter!

      Subscribe to Daily Tech Insider for top news, trends & analysis

      Get the Free Newsletter!

      Subscribe to Daily Tech Insider for top news, trends & analysis

      MOST POPULAR ARTICLES

      Artificial Intelligence

      9 Best AI 3D Generators You Need...

      Sam Rinko - June 25, 2024 0
      AI 3D Generators are powerful tools for many different industries. Discover the best AI 3D Generators, and learn which is best for your specific use case.
      Read more
      Cloud

      RingCentral Expands Its Collaboration Platform

      Zeus Kerravala - November 22, 2023 0
      RingCentral adds AI-enabled contact center and hybrid event products to its suite of collaboration services.
      Read more
      Artificial Intelligence

      8 Best AI Data Analytics Software &...

      Aminu Abdullahi - January 18, 2024 0
      Learn the top AI data analytics software to use. Compare AI data analytics solutions & features to make the best choice for your business.
      Read more
      Latest News

      Zeus Kerravala on Networking: Multicloud, 5G, and...

      James Maguire - December 16, 2022 0
      I spoke with Zeus Kerravala, industry analyst at ZK Research, about the rapid changes in enterprise networking, as tech advances and digital transformation prompt...
      Read more
      Video

      Datadog President Amit Agarwal on Trends in...

      James Maguire - November 11, 2022 0
      I spoke with Amit Agarwal, President of Datadog, about infrastructure observability, from current trends to key challenges to the future of this rapidly growing...
      Read more
      Logo

      eWeek has the latest technology news and analysis, buying guides, and product reviews for IT professionals and technology buyers. The site’s focus is on innovative solutions and covering in-depth technical content. eWeek stays on the cutting edge of technology news and IT trends through interviews and expert analysis. Gain insight from top innovators and thought leaders in the fields of IT, business, enterprise software, startups, and more.

      Facebook
      Linkedin
      RSS
      Twitter
      Youtube

      Advertisers

      Advertise with TechnologyAdvice on eWeek and our other IT-focused platforms.

      Advertise with Us

      Menu

      • About eWeek
      • Subscribe to our Newsletter
      • Latest News

      Our Brands

      • Privacy Policy
      • Terms
      • About
      • Contact
      • Advertise
      • Sitemap
      • California – Do Not Sell My Information

      Property of TechnologyAdvice.
      © 2024 TechnologyAdvice. All Rights Reserved

      Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.

      ×