Bromium raises $40 million to fight enterprise cyber attacks

Summary:Using virtualization, the Silicon Valley startup offers businesses an alternative to traditional antivirus software.

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Bromium, the three-year-old U.S. computer security company, announced this morning that it raised $40 million to continue developing and selling its software, which helps businesses fight cyberattacks.

The funds come courtesy of Meritech Capital Partners, Andreessen Horowitz, Ignition Partners, Highland Capital Partners and Intel Capital. The Cupertino, Calif.-based startup has raised almost $76 million to date.

The company's vSentry technology is based on the concept of what it calls "micro-virtualization," which hardware-isolates user tasks at the endpoint in a micro virtual machine. Bromium says the technique is more effective than traditional, detection-based security methods offered by leading corporate antivirus companies, and insists that it can better understand the intent of malware attacks.

"We have doubled revenue each quarter this year and now plan to accelerate our international expansion and strengthen our development team," co-founder and chief executive Gaurav Banga said.

Meritech's Rob Ward will join the Bromium board.

Topics: Security, Virtualization

About

Andrew Nusca is a former writer-editor for ZDNet and contributor to CNET. He is also the former editor of SmartPlanet, ZDNet's sister site about innovation. He writes about business, technology and design now but used to cover finance, fashion and culture. He was an intern at Money, Men's Vogue, Popular Mechanics and the New York Daily Ne... Full Bio

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