Menlo Security, which offers a security solution that isolates all Web content in the cloud, raised $75 million in Series D funding.
Menlo Security’s Internet Isolation technology separates an enterprise network from the public web, while still allowing employees to access the Internet seamlessly. The solution removes the viewing of email attachments and web browsing from the desktop and moves it to the cloud. By isolating Internet content in the cloud with a Zero-Trust approach, users are protected from malware, ransomware and phishing attacks that bypass legacy defenses, thereby eliminating the most prolific sources of breaches.
The new funding was led by clients advised by JP Morgan Asset Management. Existing investors also participated in the round, including General Catalyst, Sutter Hill Ventures, Osage University Partners, American Express Ventures, HSBC, JP Morgan Chase and Engineering Capital. In addition, Jonathan Ross, portfolio manager and managing director at JP Morgan Asset Management, will join the company’s board.
“Menlo Security’s global cloud is protecting millions of end users, isolating over 500 million websites per day,” said Amir Ben-Efraim, CEO of Menlo Security. “While our customers have deployed the most advanced security products, we see a constant stream of phishing and malware attacks evading their defenses. Menlo Security stops these attacks, validating Internet Isolation as being essential to modern security architectures.”
