[SecurityWeek] Skybox Security Raises $50M, Hires New CEO

[github-actions[bot]]

Skybox Security, a late-stage California startup in the security analytics space, has closed a $50 million financing round and hired a new chief executive.

The San Jose company announced Wednesday that former Digital Guardian CEO Mordecai (Mo) Rosen will take the reins at Skybox and manage the company through a new financing round that brings the total raised to $335 million.

The private equity-backed Skybox said investors in the latest round include CVC Growth Funds, Pantheon, and J.P. Morgan.

Skybox has built and marketed a security analytics platform that helps defenders with security policy and vulnerability management tooling. The company’s product suite includes tools for firewall management, automated change management, network assurance, vulnerability control and threat intelligence.

With a new chief executive on board, the company said the plan is to find revenues in the Skybox Cloud Edition, a software-as-a-service product for managing security policy in hybrid multi-vendor environments.

Before joining Skybox, Rosen worked as president and chief executive at data loss prevention software firm Digital Guardian.

Related: Skybox Raises $150 Million to Advance its Security Management Product

Related: Providence Equity Pumps $96 Million Into Skybox Security

Related: Skybox Security Raises $6 Million

The post Skybox Security Raises $50M, Hires New CEO appeared first on SecurityWeek.

https://www.securityweek.com/skybox-security-raises-50m-hires-new-ceo/

[github-actions[bot]]

This issue is stale because it has been open 1 day with no activity. Remove stale label or comment or this will be closed in 1 day.

[github-actions[bot]]

This issue was closed because it has been stale with no activity.