Virsec nabs $100m in highly subscribed Series C

Cybersecurity platform Virsec has secured $100m from a Series C funding round led by BlueIO.

The round also participation from Allen & Company, JC2 Ventures, Artiman Ventures, Arena Holdings, Intuitive Venture Partners, Marker Hill Capital and Quantum Valley Investments among others. To date, the company has raised $137m. Back in 2018, Virsec closed a $24m Series B round to ‘develop a new approach to cybersecurity’.

Founded in 2013, US-based Virsec claims it is the leading provider of application-aware workload protection. The firm said its technology defends against a wide range of attacks and exploits – both known and unknown – with no signature or prior knowledge required.

According to Virsec, its products can protect an application’s host, memory, process and web layers without having any previous knowledge of the attack. Its platform also involves memory protection, application control capabilities and system integrity assurance.

Virsec said, “The Virsec solution maps the expected performance of each application on a workload and protects the memory those applications use to execute. Virsec ensures that the components of those applications are correct and unmodified before they are allowed to execute, and any deviation from the norm is treated as a threat.”

The company claims it aims to put this money towards growing the business, securing more global enterprises and achieving its ultimate mission of making cyberattacks on software irrelevant.

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