CloudLock’s Momentum Grows – This Week’s Series C Financing
We are very pleased to have participated in another financing round for CloudLock, which on Wednesday announced a $16.5 M Series C.
Launched in 2011, CloudLock now protects millions of end-users across a wide range of organizations. They were a pioneer of cloud security and we saw the promise of their vision when we led the Company’s Series B in 2012. We are more bullish than ever on CloudLock’s prospects as market awareness and demand for security and compliance in the cloud is exploding. CloudLock will use the new financing to expand its sales, marketing and engineering teams to support the rapidly increasing demand for its products.
We congratulate CEO Gil Zimmermann on another successful financing round, and look forward to supporting CloudLock as it enters its next phase of growth.
CloudLock’s financing was covered by several major industry outlets, including:
VentureWire: CloudLock Raises $16.5M to Stem Corporate Data Leaks
TechCrunch: Cloud Security Startup CloudLock Raises $16.5M Round Led By Bessemer
GigaOM: CloudLock locks up $16.5M to add staff and expand its SaaS security effort
Security Week: CloudLock Raises $16.5 Million to Expand Enterprise Cloud Security Business