Damballa raises $13 million in funding
Damballa is a security software company that has raised $13 million in funding. Damballa can discover active threats that can bypass security prevention layers. Damballa detects evidence of malicious network traffic in real-time on any device or operating system. Damballa currently protects over 400 million endpoints globally at enterprises in every major market.
“Damballa provides automatic and indisputable evidence of successful infections so responders can immediately prevent damage. That message is resonating with a broad range of enterprise organizations around the world,” stated Damballa CEO David Scholtz.
Damballa hit a revenue record for Q1 2014 and will be using the funding to ramp up growth in North America. Damballa will spend more on marketing as well.