Niara Raises $20m in Series B Financing to continue momentum for product launch

09 Apr

Niara Raises $20m in Series B Financing to continue momentum for product launch

in Blog, Corporate, Funding, Industry News

by Sriram Ramachandran

It’s been a very exciting year at Niara. Since we founded the company just over 16 months ago, we have raised our Series A financing, assembled a stellar team, and put in countless hours innovating on our product as we prepare to launch later this quarter.

Adding to that whirlwind, we’re excited to announce today that we have closed a $20m Series B financing round. This round, led by Venrock with participation from our existing investors New Enterprise Associates (NEA), Index Ventures, and others will allow us to accelerate our product development and scale our marketing and sales efforts to capitalize on our momentum.

As cyber attacks have grown in their sophistication, we could see that many of the security technologies that we have helped build over the years were increasingly falling short of meeting the demands. We founded Niara to provide organizations with a new data-driven approach to combat advanced cyber attacks using a combination of sophisticated analytics and forensics techniques.

Our technology identifies subtle changes in the behavior of users, devices and applications by fusing data across disparate data sources, threading together the proverbial needles in an organization’s extended security haystack and reducing the time to detect and neutralize the threats that enterprises are grappling with every day.

If you’re interested in learning more or participating in our beta program, get in touch. We’d love to tell you more about our new approach to security analytics and how we can help keep your organization secure.

Tags: Blog, Corporate, Funding, Industry News