Security News > 2021 > January > Multi-Cloud Network Security Provider Valtix Raises $12.5 Million
Multi-cloud network security platform provider Valtix on Thursday announced that it raised $12.5 million in strategic funding.
Founded in 2018 and launched in 2019 with $14 million in funding, the Santa Clara, California-based company provides enterprise customers with a cloud-native network security service that can help protect both applications and services.
Available on a pay-as-you-go pricing model, Valtix's platform provides automated cloud application discovery, security deployment, and application defense capabilities.
Last year, the company made its platform generally available on Amazon Web Services, Microsoft Azure, and Google Cloud Platform, and it now serves customers on all three clouds.
Valtix has customers in the financial services, government, healthcare, and retail sectors.
The funding news comes after Valtix expanded its leadership team by adding Douglas Murray as CEO, Joe Palazola as VP of Worldwide Operations, and Anthony Narducci as VP of Worldwide Sales.
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