Venafi Raises $39 Million in New Funding Round
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Venafi announced on June 30 that it has raised $39 million to help fuel its growth in the security certificate management space. The new Series F funding, led by QuestMark Partners with the participation of Intel Capital and Silver Lake Waterman, brings the company's total financing to $101 million.
"To be able to get to all the companies that need our help, in terms of both products and services, you need money," Jeff Hudson, CEO at Venafi told eWEEK. "We could have grown slower without the new money, but we want to grow faster, because the need is there and the bad guys are winning the battle."