Security News > 2018 > July > ObserveIT closes $33M in Series B financing

ObserveIT announced it closed $33 million in Series B funding. The investment round includes participation from Bain Capital Ventures, Spring Lake Equity Partners and NightDragon Security, the cybersecurity investment firm founded by industry veteran Dave DeWalt. The funding will be used to accelerate innovation for ObserveIT’s insider threat management solutions and to expand ObserveIT’s sales and marketing teams to support the company’s growth. This will enable the company to fulfill the demand for its threat … More → The post ObserveIT closes $33M in Series B financing appeared first on Help Net Security.

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