Paul Sawers / VentureBeat - 2 years ago
  • Cybersecurity startup Menlo Security has closed a $40 million series C round of funding from American Express Ventures, Ericsson Ventures, HSBC, JPMorgan Chase, General Catalyst, Sutter Hill Ventures, Osage University Partners, and Engineering Capital.
  • Founded out of Menlo Park, California in 2013, Menlo Security’s raison d’être is to protect organizations from cyberattacks by blocking malware from the web, documents, and email.
  • The company claims “millions of users” at “hundreds of companies” are currently protected by its cloud-based platform, including Macy’s and Fujitsu.
  • The company had previously raised a total of $45 million and with its latest cash injection said it plans to grow its sales and marketing efforts globally.