Anomali lands $30 million in series C funding
Anomali, the provider of ThreatStream threat intelligence and Anomali Enterprise platforms, has raised $30 million in series C funding. The round, led by Institutional Venture Partners, includes significant investments from General Catalyst Partners, GV, and Paladin Capital Group.
The round raises Anomali’s total funding to more than $56 million since launching in 2013. The company rebranded itself in February 2016, changing its name from ThreatStream to Anomali and adding new products to support the rapidly evolving threat intelligence market.
Anomali Board of Directors
With this investment, Steve Harrick, general partner at IVP, joins the Anomali Board of Directors, which includes Tom Reilly, former CEO of ArcSight and current CEO of Cloudera; Karim Faris, general partner at GV; and Dr. Steve Herrod, managing director at General Catalyst Partners. The funding will support international expansion and product development and will bolster Anomali’s sales and marketing efforts.
“We’re on a mission to help make security more collaborative and more effective. Right now, the adversary is doing a much better job than enterprises when comparing those two areas. This funding round is a vote of confidence and validates what we’ve set out to accomplish from the very beginning. Right now our number one goal is to build a strong, viable company and to build solutions that security practitioners and businesses of all sizes can use to reduce business risk for everyone,” Hugh Njemanze, CEO at Anomali, told Help Net Security.
Threat intelligence market
Anomali continues to pave the way by expanding its footprint in the threat intelligence market through innovative technology. IT-Harvest anticipates that, at its current growth rate, the threat intelligence platform (TIP) space is on pace to exceed $1.5 billion by 2018.