CloudLock raises $16.5 million in Series C

Posted Jan 29, 2014

CloudLock is a cloud security and data security company that has raised $16.5 million in Series C funding led by new investor Bessemer Venture Partners with participation from existing investors Cedar Fund and Ascent Venture Partners.

CloudLock has over 600 paying customers that protects millions of end-users in the enterprises.

?Very few investors understand the cloud and security as well as Bessemer does and we could not be more thrilled to add Bob and the rest of the Bessemer team to the CloudLock family. Bessemer?s vision of the cloud as the backbone of a business, and track record of funding the companies that enable this innovation, is a perfect match for CloudLock and our goal of providing the cloud security fabric enterprises need,? stated Gil Zimmermann, CEO & Co-founder of CloudLock. ?From our initial roots as a Cedar Fund Pre-Seed company, through our expansion with Ascent Venture partners, and now with Bessemer, we have always sought out partners and investors that share our passion and belief that the cloud is transformative for businesses on all levels. The cloud transformation has only just begun. We have big plans to execute from here that will see investments in building out our world class sales, marketing, and engineering organizations to bring even more value, across more platforms, to a fast growing market.?