HGP – Invincea Raises $10 Million in Strategic Growth Capital
FAIRFAX, Va., November 16, 2016 – Invincea, the machine learning next-generation antivirus company with the #1 malware detection rate in the industry, today announced that the company has raised $10 million in strategic growth capital. ORIX Growth Capital, Comerica Bank, and existing investors including Dell Ventures, New Atlantic Ventures, and Harbert Ventures contributed to the investment in Invincea, designed to accelerate its growth across all major industry verticals based on the success its next-gen antivirus security product, X by Invincea.
X by Invincea, recently evaluated by Forrester as having the highest scores possible in attack detection and prevention effectiveness criteria in The Forrester Wave™: Endpoint Security, Q4 2016 report, and consistently rated at the top in malware detection by multiple third party testing institutions, is leading the next-gen endpoint security market, significantly outperforming the traditional Anti-Virus and next-gen AV players. Invincea customers across healthcare, financial services, government, state, local and education are seeing the same leading performance results on their networks, stopping unknown malware, ransomware, and file-less malware in its tracks.
“Endpoint security represents the frontline in the fight against cyber attackers. Breaches have become commonplace among enterprises, and employee endpoints and servers are targeted more than any other type of asset,” wrote Chris Sherman, Senior Analyst at Forrester.* “The effects from these security breaches can be devastating, causing a company to lose revenue, market reputation, and market competitiveness. Unfortunately, inadequate endpoint security leaves the doors wide open to a variety of attacker techniques and tools, including malware, software exploits, and social engineering. Now, more than ever, it’s critical to have the right endpoint protection in place.”
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