Cloud security company Avanan announced that raised $14.9 million in a Series A round led by Greenfield Cities Holdings, L.P. with participation from existing investors, Magma VC and StageOne Ventures, bringing the total investment to $16.4 million.
Headquartered in New York City with research and development in Israel, Avanan said its Cloud Security Platform provides protection for Software-as-a-Service (SaaS) and Infrastructure-as-a-Service (Iaas) products, including Amazon AWS, Box, Google and Office 365.
It said it does this using preconfigured cloud-based versions of security technologies from 60 vendors, including Check Point, Symantec, McAfee Palo Alto Networks and others.
Avanan founder and CEO Gil Friedrich said customers were moving to the cloud and wanted the same protection that was being provided on the network. “We wanted to allow them to secure their cloud with one easy-to-use SaaS platform that incorporates the technologies they already trust,” Friedrich said in a press release.
Founded in 2014, Avanan did not specify for what it would use the funding.
