HyTrust Raises $18.5 Million in Series C Funding to Accelerate Growth
HyTrust Inc., a cloud automation company, announced Series C oversubscribed financing in the amount of $18.5 million from new investors Intel Capital and Fortinet as well as recent investors VMware and In-Q-Tel. Previous investors Granite Ventures, Cisco, Trident Capital and Epic Ventures also participated in this round. The new funding will support the company’s rapid growth and operations, particularly in the areas of sales and marketing, and enable continued development on the cloud security platform as well as innovations in important technological areas such as role-based monitoring (RBM).
HyTrust Inc., a cloud automation company, announced Series C oversubscribed financing in the amount of $18.5 million from new investors Intel Capital and Fortinet as well as recent investors VMware and In-Q-Tel. Previous investors Granite Ventures, Cisco, Trident Capital and Epic Ventures also participated in this round. The new funding will support the company’s rapid growth and operations, particularly in the areas of sales and marketing, and enable continued development on the cloud security platform as well as innovations in important technological areas such as role-based monitoring (RBM).
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