NEWS & VIEWS

Global private equity and venture capital news and research

Highland leads $26m round for Intel Capital-backed Bromium

21 Jun 2012

Highland Capital Partners has led a $26.5m financing round for computer security company Bromium.

Industry giant Intel Capital was a new investor in the Series B round, while existing investors Andreessen Horowitz and Ignition Ventures also took part.

The company’s software identifies vulnerable tasks within programmes and isolates them in a hardware-backed container, automatically blocking and discarding malware and other threats.

Highland Capital partner Peter Bell said, “The Bromium team has the industry credibility, technical chops and execution focus needed to revolutionize the trustworthiness of PCs and mobile devices, empowering both IT and users.

“Every challenge resulting from mobility, consumerisation of IT, and cloud computing boils down to a question of risk to the enterprise versus empowerment of users.  Bromium is the answer.”

Highland Capital has invested in more than 225 seed, early stage and growth stage companies, more than 100 of which have gone public or been acquired.

Copyright © 2012 AltAssets

FUNDRAISING & INVESTOR RELATIONS


Legals & Terms of UsePrivacy Policy


AltAssets is registered as a trademark of Investor Networks Limited (06695690).
Registered Office: Zetland House, 5-25 Scrutton St, London EC2A 4HJ
Content is © AltAssets 2000-2014