Wednesday, April 5, 2017

Armor Raises $89M For Cyber Security Efforts

Dallas-based cybersecurity provider Armor announced this morning that it has raised $89M in an equity financing round, which was led by ST Telemedia. According to Armor, the financing deal makes ST Telemedia (STT) a joint lead shareholder alongside The Stephens Group (TSG), the current majority shareholder at the company. Armor, which is led by CEO Chris Drake, uses threat intelligence, security orchestration, and machine learning to help its customers detect and respond to cyber threats. More information »