Ziften Extends Global Reach for Endpoint Security Demand with $24 Million in Funding
Spring Mountain Capital Leads Latest Equity Financing Round to Accelerate Company Growth and Product Innovation
AUSTIN, Texas – July 15, 2015 – Ziften, the innovation leader in continuous endpoint visibility, today announced it has raised $24 million in funding led by Spring Mountain Capital, and with significant participation from Fayez Sarofim, an early investor in Ziften. The equity financing round will accelerate Ziften’s go-to- market strategy and extend its global reach as it delivers on the demands of organizations for a security solution that swiftly discovers, analyzes, and plugs security exposures to harden corporate resiliency.
Ziften purpose-built its continuous endpoint visibility solution to be deployed in hours, not weeks, and to immediately amplify the skillset of any team and the tools they already have in place. Architected for endpoint innovation and ultra-low resource consumption, Ziften scales dynamically with an organization to immediately discover, analyze, and respond to security exposures.
“For most companies, vulnerabilities start at the endpoint,” said Charles Leaver, CEO of Ziften. “Three years ago, Ziften set out to build an endpoint security solution that directly addresses the lack of endpoint visibility, analysis, and response. Now in 2015, we are leading the innovation in this high-growth security sector. This latest round of funding speaks to the explosive growth of our industry and the widespread adoption of endpoint security by organizations looking to rapidly detect attacks and pinpoint the source of the breach to speed up time to response.”
“Ziften has experienced tremendous growth in a short amount of time to establish itself as a trailblazer in endpoint threat detection and visibility,” said Jamie Weston, Managing Director in Spring Mountain Capital’s Private Equity Group. “Ziften’s management team are thought leaders in threat detection and prevention and we are excited to work with them as they continue to deliver crucial endpoint visibility to their growing roster of customers.”
The $24 million round of funding is the latest win for the company in 2015. In the last few weeks Ziften was named a Red Herring 100 award winner, included by CIO Review on the “20 Most Promising RSA Security Solution Providers” list, and named the top Endpoint Threat Detection vendor on the Cybersecurity 500.
Donna Loughlin Michaels