{"id":1039,"date":"2017-09-21T12:58:10","date_gmt":"2017-09-21T16:58:10","guid":{"rendered":"https:\/\/solutionsreview.com\/security-information-event-management\/?p=1039"},"modified":"2017-09-21T12:58:10","modified_gmt":"2017-09-21T16:58:10","slug":"securonix-raises-29m-in-series-a-funding-round","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/security-information-event-management\/securonix-raises-29m-in-series-a-funding-round\/","title":{"rendered":"Securonix Raises $29M in Series A Funding Round"},"content":{"rendered":"

\"\"Big data security analytics vendor Securonix has\u00a0raised $29M in Series A funding, according to a release<\/a> from the company<\/a>.\u00a0The funding round was led by Volition Capital. Roger Hurwitz of Volition Capital will be joining the Securonix Board of Directors. Eight Road Ventures also participated in the round.<\/p>\n

Securonix plans to use the money to fuel its growth in the user behavior analytics, next-gen security information and event management (SIEM), and log management market spaces. The company will use the funding to “extend its investment in technology innovation, and expansion in domestic and global markets,” according to the release.<\/p>\n

\n

Securonix has already seen impressive growth in recent years, with customers now including more than a third of the Fortune 500 companies. Over the past year, Securonix has grown from 180 employees to over 300 located across the globe.<\/p>\n

\u201cWe are excited about the opportunity to invest in Securonix as the company continues its global growth,\u201d said Raj Dugar, Managing Partner,\u00a0Eight\u00a0Roads Asia. \u201cOrganizations are looking for a solution that detects and responds to threats in real-time, and Securonix\u2019s modern approach and patented machine learning technology positions it to be the market leader in this space.\u201d<\/p>\n

\u201cI am very excited to have high-caliber investors like Volition Capital and Eight Roads that understand our business and share our passion for innovation, customer satisfaction, and global market leadership,\u201d said Sachin Nayyar, CEO and Founder of Securonix. \u201cWe have a tremendous opportunity to establish Securonix as a platform of choice for security analytics, and this investment and the experience the partners bring will help us reach that next level of growth.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Big data security analytics vendor Securonix has\u00a0raised $29M in Series A funding, according to a release from the company.\u00a0The funding round was led by Volition Capital. Roger Hurwitz of Volition Capital will be joining the Securonix Board of Directors. Eight Road Ventures also participated in the round. Securonix plans to use the money to fuel […]<\/p>\n","protected":false},"author":24,"featured_media":516,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[3],"tags":[104,82,57,257],"acf":[],"yoast_head":"\nSecuronix Raises $29M in Series A Funding Round<\/title>\n<meta name=\"description\" content=\"Big data security analytics vendor Securonix has\u00a0raised $29M in Series A funding, according to a release from the company.\u00a0The funding round was led by\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionsreview.com\/security-information-event-management\/securonix-raises-29m-in-series-a-funding-round\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" 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