Tenable Network Security Raises $250 Million
Tenable Network Security®, Inc., one of the leading global providers of next-generation cyber security software, today announced a $250 million Series B funding round led by Insight Venture Partners and Accel. The investment, which is subject to customary closing adjustments, marks one of the largest fundraising rounds completed for a private security company and is expected to accelerate Tenable’s long-term global growth. Today’s funding marks $300 million in capital raised to-date, following Accel’s $50 million Series A investment in September 2012.
“Tenable has the only true continuous network monitoring offering on the market and our products defend some of the world’s largest and most complex networks, keeping our customers secure in the harshest of threat environments,” said Ron Gula, CEO of Tenable. “We are proud to partner with Insight and Accel who, with their investment and deep expertise in technology and security, will enable us to further accelerate our global growth and innovation.”
Read the release here.