Anomali, the provider of the market-leading ThreatStream threat intelligence and Anomali Enterprise platforms, today announced it has raised $30 million in series C funding. The round, led by Institutional Venture Partners (IVP), includes significant investments from General Catalyst Partners, GV (formerly Google Ventures) 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.
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.
"Anomali’s innovative security software allows customers to keep pace with the compounding growth in threat indicators while maximizing the utility of their existing security infrastructure,” said Steve Harrick, general partner with IVP. “The company has pinpointed market demand while hiring the talented management team required to create the next great company in the security space.”
With the rebrand from ThreatStream to Anomali, the release of new threat intelligence solutions and the constant addition of new customers, Anomali highlights its proven value and large upside for its investors. 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.
"Anomali is entering a very exciting era of cybersecurity, and we couldn’t be happier to have the support and backing of our customers and partners. Our rebrand, new product suite and this latest round of funding validates our vision for reducing business risk for large enterprises and small to medium sized businesses," said Hugh Njemanze, CEO of Anomali. "We are truly in a unique position as the only security vendor who can scale to meet the challenge of making ever increasing amounts of threat intelligence useful for the entire security team while detecting and preventing attacks enabled by long adversary network dwell times.”