3 Hot Cloud Security Startups Snag Funding

Grazed from Dark Reading. Author: Ericka Chickowski.

Tens of millions of venture capital dollars recently have been flowing into some growing cloud security endeavors. The cloud security market is heating up within the venture capital community, with the past two months flush in funding for startups operating with a wide range of business maturity levels.

That activity has been punctuated over the last month by a hefty round of funding for three already proven cloud security vendors with established technology and a growing roster of clients: Skyhigh Networks, Netskope, and Okta. The increased investment is another signal of growing IT interest in not only reining in the security of cloud deployments, but also finding better ways to harness the power of cloud computing to deal with some of today’s biggest security challenges. Here’s the skinny on each deal…

Skyhigh Networks
The deal: $40 million in Series C round funding, led by Greylock Partners and Sequoia Capital. This adds to a total VC tally of $66.5 million for Skyhigh…

Read more from the source @ http://www.darkreading.com/cloud/3-hot-cloud-security-startups-snag-funding/d/d-id/1278983