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GGV Capital leads $30m Series D for Intel Capital-backed AlienVault

23 Dec 2013

internet security online keyboardGGV Capital has led a $30m Series D financing round for computer security business AlienVault.

Previous investors Intel Capital, Kleiner Perkins Caufield & Byers, Adara Venture Partners and Trident Capital also took part in the financing round alongside Top Tier Ventures and Correlation Ventures.

GGV partner Glenn Solomon, who sits on AlienVault’s board of directors, said, “AlienVault has been growing rapidly and has the opportunity to scale meaningfully in the future.

“GGV Capital’s focus on supporting companies in the expansion phase, and Intel Capital’s shared emphasis on helping start-ups scale their businesses and build strong channel relationships, will serve AlienVault well, as the company amplifies its reach to the mid-market, and leads the industry toward a better threat sharing paradigm.”

Trident Capital managing director J Alberto Yepez said, “AlienVault has seen tremendous growth over the last five years.

“As AlienVault continues to expand its reach to the mid-market and build upon its global presence, Intel’s channel partners and robust network of technology innovators will further open doors for the growing security company.”

In July last year AlienVault closed a $22.4m Series C round led by Kleiner Perkins Caufield & Byers and Sigma, with participation from Trident Capital and Adara.

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