Menlo Security Still in Stealth Mode, Raises $10.5 Million
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Menlo Security has raised $10.5 million in a funding round that was led by General Catalyst Partners and also involved the participation of Osage University Partners. Steve Herrod, managing director at General Catalyst Partners, will now join the Menlo Security board of directors. Herrod is well-known in the IT industry for the years he spent at VMware as its CTO. In a recent interview with eWEEK, Herrod, who has been at General Catalyst Partners since February 2013, detailed his investment focus and why security is a key area of interest for him.
The goal of Menlo Security is to reinvent cyber-security, Amir Ben-Efraim, the company's co-founder and CEO, told eWEEK. That said, Ben-Efraim declined to provide full details on how his company's technology works as it is still in stealth mode and the full platform won't be revealed until 2015.