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TMCNet:  Skybox Security Announces $6M in Funding

[January 02, 2014]

Skybox Security Announces $6M in Funding

SAN JOSE, Calif. --(Business Wire)--

Skybox�Security, the leading provider of risk analytics for cyber security, today announced $6 million in new funding led by Susquehanna Investment Group and other investors. This new investment positions Skybox Security to accelerate growth by expanding sales territories and teams, developing channel partners, and adding resources to support a rapidly growing customer base.

Skybox Security has demonstrated continued growth of its core business, including 80 percent growth in its rate of new customer acquisition in 2013, and 45 percent growth in product shipments during this time. Additionally, Skybox Security continues to expand globally through its network of more than 100 active channel partners, including security value added resellers, system integrators, and managed security service providers in more than 30 countries.

"Cyber threats pose a tremendous risk and management challenge worldwide," said�Gidi�Cohen, CEO, Skybox Security. "This new investment ensures that we are able to introduce our vulnerability and threat management solutions in every part of the globe, providing visibility and intelligence to minimize the chance of damage and data loss from advanced targeted attacks."

Skybox Security provides a comprehensive platform to automate security management processes such as vulnerability and threat management and network security management. The�Skybox�Security solutions portfolio includes:

Vulnerability and Threat Management - A next-generation solution that automates and integrates continuous vulnerability discovery, analysis, and remediation, featuring:

  • Skybox�Risk Control - The only integrated security management solution that combines vulnerability discovery, automatic risk prioritization, and remediation workflow to effectively reduce cyber risks.
  • Skybox�Threat Manager - Evaluates the latest threat intelligence against the context of an organization's assets, highlighting potential businss impacts and automatically prioritizing vital threats.

Network Security Management - Provides continuous visibility of the network, and validates that network security devices are effectively configured to ensure security and compliance, featuring:

  • Skybox�Firewall Assurance - Examines firewall rules and configurations automatically to keep the network secure, optimized and in compliance with regulations and policies with minimal effort.
  • Skybox�Network Assurance - Provides complete visibility of the network topology and fast answers to network device configuration and connectivity questions in seconds.
  • Skybox�Change�Manager - Automates the workflow of firewall change management process.

About Skybox Security, Inc.
Skybox Security, Inc. provides the most powerful risk analytics for cyber security, giving security management and operations the tools they need to eliminate attack vectors and safeguard business data and services. Skybox solutions provide a context-aware view of the network and risks that drives effective�vulnerability�and�threat�management,�firewall management, and�continuous compliance monitoring. Organizations in�Financial Services,�Government, Energy,�Defense,�Retail, and Telecommunications rely on Skybox Security every day for automated, integrated security management solutions that lower risk exposure and optimize security management processes. For more information visit:�www.skyboxsecurity.com.

NOTE: Skybox® Security is a registered trademark of Skybox Security Inc. All other registered and unregistered trademarks herein are the sole property of their respective owners. Product specifications subject to change at any time without prior notice.�© 2014 Skybox Security, Inc. All rights reserved.


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