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Bromium Secures $40m Investment

March 28, 2016

Bromium, a provider of endpoint protection using virtualization, has secured $40 million of investment. The financing round was led by existing investors and included new backer Silver Lake Waterman. The company has now raised a total of $115 million and will use the new funds to open offices in Germany, Benelux and the Nordics. “Enterprises realize traditional perimeter defenses can’t protect them against today’s polymorphic attacks that are designed to bypass legacy detection-centric endpoint protection products,” said Ian Pratt, co-founder and CEO of Bromium. “Bromium is growing fast because our Advanced Endpoint Security platform offers unparalleled bare-metal protection. We are positioned for strong growth with our uniquely differentiated technology and products. This funding and the addition of Earl, David and Jan will allow us to accelerate our growth and innovation at a time when enterprise and government organizations need more trustworthy protection.”

Emulate, a biotech company which creates living products for understanding of how diseases, medicines, chemicals and foods affect human health, has secured $28 million of its Series B financing round. Existing investors Hansjörg Wyss, NanoDimension and Cedars-Sinai Medical Center all participated, as did new backers OS Fund; Atel Ventures; ALS Finding a Cure, a program of the Leandro P. Rizzuto Foundation; and a fourth new unnamed investor. “This financing positions Emulate to advance our Organs-on-Chips to the next stage of commercial development, so that our technology can operate as a plug-and-play system in the hands of product development teams at pharmaceutical, chemical, food, and consumer products companies,” said James Coon, Chief Executive Officer of Emulate.

Performance analytics company SOASTA, has completed a new debt funding round of $30 million led by a mix of new and existing investors. Those backers include Tennenbaum Capital, Canaan Venture Partners, Pelion Venture Partners and Formative Ventures. The company will use the funds to restructure existing growth and for additional growth capital. “Our performance demonstrates our company’s clear leadership in the online retailing space specifically and in performance analytics overall,” said SOASTA CEO Tom Lounibos. “The tremendous efforts of our team, combined with growing market awareness, culminated in a great year and a historic quarter for all of us here at SOASTA. What we are seeing now is the beginning of the golden age of digital performance management, and SOASTA is leading the charge.”

June, the creators of a smart oven, has raised $22.5 million in new funding. Eclipse led the round, with participation from Sound Ventures, Vaizra Investments, Promus Ventures and Lumia Capital, and repeat investors Foundry Group, First Round Capital, Lerer Hippeau Ventures, and others. June will use the funds to expand its team and to work towards a ship date for its smart oven. The company has now raised nearly $30 million in total.

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Filed Under: Finance, Investment Round Up, Startups

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