March 1, 2015 | The Israeli mobile security company Zimperium announced that it closed a $12 million Series B funding round. The round was led by the Ventures group at Telstra, the largest telecom and information services company in Australia. New investor TOYO Corporation in Japan, which is also the company’s distributor in the country, participated in the round, together with Sierra Ventures, Lazarus Israel Opportunities Fund and Samsung. With headquarters in San Francisco and offices in Tel Aviv, Zimperium was founded in 2011 by Zuk Avraham and CTO Elia Yehuda.
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