Seculert Raises $5.35 Million, Plans U.S. HQ in Bay Area

Palo Alto, Calif. -- Seculert, an Israel-based developer of cloud-based technology that helps users detect advanced cyber threats affecting customers' networks, said on Tuesday it has raised $5.35 million in a new round of funding, led by Palo Alto-based Norwest Venture Partners. Previous backer YL Ventures also participated in the round, which the company will use to further invest in sales and product development teams, as well as establish U.S. headquarters in the Bay Area. "This round of funding not only enables us to expand our product and sales groups, but gives us access to a set of highly experienced investors," said CEO Dudi Matot. Dror Nahumi, a partner at NVP, has joined the company's board of directors. Seculert's cloud service is designed to provide additional cloud malware detection capabilities on top of on-premise security products.
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