Israeli Cybersecurity Firm Guardicore Raises $60M

Israeli cybersecurity company Guardicore, which specializes in internal data center and cloud security, raised $60 million in a Series C funding round led by new investor Qumra Capital, with participation from DTCP (Deutsche Telecom Capital Partners), Partech, and ClalTech. Existing investors Battery Ventures, 83North, TPG Growth, and Greenfield Partners also participated in the round.

Guardicore said it will use the funds to fuel continued growth and accelerate investments in sales, marketing and customer service, while expanding its services to enterprise organizations.

Guardicore’s technology protects data centers of large and mid-sized enterprises across North America, South America, and the Mideast in the financial, healthcare and retail industries.

“Guardicore is changing the way enterprises approach data center security with modern segmentation capabilities that overcome the inherent inefficiencies of traditional techniques and results in stronger security for enterprise environments,” said Boaz Dinte, founding partner of Qumra Capital. “Guardicore is disrupting the market and is well positioned to capitalize on the broader opportunities this presents.”

The latest round brings the company’s total funding raised to date to $110 million. Guardicore was founded in 2015 by Pavel Gurvich, Dror Sal’ee, and Ariel Zeitlin.