Security News > 2021 > January > Cloud security provider iboss raises $145 million

The financing will be used to support the company's growth as organizations increasingly recognize iboss as the leading provider of cutting-edge network security through the cloud.

Iboss seamlessly enables a consolidation of networking and cutting-edge security into a Secure Access Service Edge model that operates and provides cybersecurity protection in the cloud.

By delivering network security as a service via the cloud, iboss eliminates the need for expensive, hardware-based security and legacy infrastructure, which improves productivity, end-user experience and business outcomes for organizations leveraging cloud applications.

The company's proprietary architecture is built for the cloud from the ground up, allowing organizations to migrate security features and policies - such as web gateway proxies, network firewalls and Zero Trust Network Access - directly to the cloud.

"Iboss has created the largest, most modern and comprehensive SASE security platform on the market and is the only platform that can fully transition organizations from on-prem security appliances to SaaS security delivered in the cloud," said Dave DeWalt, Founder of NightDragon and Co-Chairman of iboss.

"What makes this stronger is that iboss is an open security platform that allows organizations to apply the security engines and log analytics platforms of their choosing compared to existing closed SASE solutions that lack this flexibility and restrict better security due to lack of collaboration with top cybersecurity intelligence vendors."

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