Tuesday, March 24, 2015

Lookingglass Raises $20 Million for Threat Intelligence

Lookingglass Cyber Solutions, a start-up based in Arlington, Virginia, announced $20 million in new funding for its threat intelligence for large businesses and government agencies.

The company says its platform increases visibility within and beyond the network perimeter, enabling customers to continuously assess and mitigate threats.

The Series B round was led by Neuberger Berman Private Equity Funds, with participation by Alsop Louie Partners. The funding strengthens Lookingglass’ ability to deliver a dynamic defense solution to large and influential businesses and government agencies.  The mission is to empower confident, real-time decision making by offering focused, verified, multi-source information through a unique lens that customers use to create active intelligence for effective decision making.

Lookingglass notes the funding comes on the heels of its recent acquisition of CloudShield LLC and the company’s announcement on revenue growth exceeding 240%.

http://www.LGScout.com