VMRay extends Series B investment to a total PORTFOLIO NEWS
of $34 million USD
The round was led by global alternative asset manager Tikehau Capital, through its subsidiary Tikehau Ace Capital and its European Cybersecurity Growth fund alongside new investors NRW.BANK and Gründerfonds Ruhr. Previous investors eCAPITAL and High-Tech Gründerfonds also participated in the round. The new investment will fuel further expansion of the product portfolio to target a broader set of market segments.
VMRay was founded to overcome a big vulnerability in cybersecurity: new, unknown, and sophisticated threats and targeted attacks. The company started its journey by developing a unique, hypervisor-based approach to sandboxing, and kept adding cutting-edge technologies, including its own Machine Learning models, to address emerging and evolving challenges. The solutions aim at improving the efficiency of SOC teams with accurate verdicts, noise-free output, and seamless integrations with major EDR, XDR, SOAR, and Threat Intelligence Platform vendors. The company is now working with 4 of the world’s top 5 technology companies, 37 leading financial institutions and 56 governmental organizations around the world.
The cyber threat landscape is going through a profound change, and with the increasing volume and complexity of new threats, our customers face new challenges. The latest investment has been a collaboration with a strategic scope, enabling VMRay to make its product suitable for a wider range of market segments and use cases including threat intelligence, security automation and MSSPs.
Dr. Carsten Willems, co-founder and CEO, VMRay GmbH
We’re delighted to be partnering with a syndicate of top investors to continue fueling VMRay’s success and support the company’s experienced management team in driving growth.
Willi Mannheims, Managing Partner, eCAPITAL AG
At VMRay, our purpose is to liberate the world from undetectable digital threats. Led by reputable cyber security pioneers, we develop best-of-breed technologies to detect and analyze unknown threats that others miss. Thus, we empower organizations to augment and automate security operations by providing the world’s best threat detection and analysis platform. We help organizations build and grow their products, services, operations, and relationships on secure ground that allows them to focus on what matters with ultimate peace of mind. This, for us, is the foundation stone of digital transformation. www.vmray.com
Founded in 1999, eCAPITAL is an entrepreneur-led venture capital investor focusing on early- and growth-stage deep-tech companies with a positive impact on society. eCAPITAL is based in Germany and invests with its own funds with a total volume of over € 340 million in the areas of Sustainability, Enterprise Software, Cybersecurity, IoT and New Materials. In addition to financial resources, eCAPITAL offers its portfolio companies strategic support and access to an international network of entrepreneurs, scientists, investors and founders and was lead investor in various deep-tech companies such as sonnen, Novaled or Jedox, which were sold very successfully to international strategists or investors. Learn more at www.ecapital.vc