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NEWS & INSIGHTS

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vArmour Raises $58M in Financing Round Led by AllegisCyber

vArmour today announced their latest financing round of $58M, led by AllegisCyber and our sister fund, NightDragon.  We are honored to be working with Tim Eades and his outstanding vArmour team to secure hybrid computing environments (multi-cloud, on/off prem),  The rapid and expansive adoption of hybrid computing environments has created a significant security blind spot as work loads dynamically transition between multiple domains managed by multiple suppliers.  vArmour provides the visibility, controls and accountability to ensure workload relationships in hybrid environments are understood and operate in compliance with security policies and protocols.    In the realm of enterprise IT, this is one of the rapidly growing and critical frontiers of cyber security.

“Managing risk and resiliency in the hybrid cloud is one of the most significant security challenges for enterprises,” said Bob Ackerman, Founder and Managing Director at AllegisCyber Capital, in a statement. “vArmour’s platform provides the visibility, controls, and accountability necessary to actively manage these challenges and has done this for hundreds of customers. We are ecstatic to be part of their next stage of growth.”

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varmour, techcrunch, allegiscyber, cybersecurity, portfolio news