Skyhigh Networks raises $40 million in funding

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Skyhigh Networks has raised $40 million in Series C funding co-led by Sequoia Capital and Greylock Partners. These two companies invested in Skyhigh’s $20 ¬†million Series B round last May. Salesforce.com also participated in this round.

Skyhigh did not need to raise this round, but it is simply using it to accelerate growth and power additional sales and marketing teams.

Currently, Skyhigh Networks has over 200 customers. Skyhigh Networks is a cloud security company that has now raised over $66 million thus far. Its revenue increased 362% since 2013.

[Source: TechCrunch] 

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