Feeds

Big Brother security tech gets $20m

Skyhigh Networks takes VC cash to patrol corporate networks

Security for virtualized datacentres

Skyhigh Networks has trousered $20m from VC firms keen on the security company's tech for snooping on corporate networks and locking down banned apps.

The $20 megabuck Series E investment round was led by Sequoia Capital along with pre-existing investors Greylock Partners, the company announced on Tuesday.

By scanning networking traffic from logs from firewalls, proxies, and web security gateways, the company's tech can sniff out network traffic that matches up with any of its 2,000 or so profiled cloud apps. It can then rank the security of them via 30 different factors and even let admins shut access to those apps that may warrant security concerns.

In the past Skyhigh told us that one of its customers found upon installing the agent-based snooping technology that it was using 46 cloud storage services within its own organization.

To coincide with the funding Skyhigh announced its 30-in-30 challenge, which guarantees that the company's tech will "uncover "at least 30 unknown cloud services in use by their organization in 30 minutes".

This round of funding brings the company's total investment to date to $26m. The money will go on expanding the company's engineering teams in Cupertino, USA, and Banaglore, India, and hiring people for sales and marketing roles in US, Europe and Asia.

The company is currently at 62 employees and hopes be at 100 by close of 2013 and 200 by 2014, Skyhigh Networks' chief executive Rajiv Gupta told us. "Hiring will be approximately evenly split across sales, marketing, and engineering," he said.

As for the company's technology, the $20m will go on a broad swathe of improvements to its discovery, analysis and control strands. The $20m investing comes alongside Blue Coat gobbling network packet surveillance firm Solera Networks, whose tech offers a more granular traffic-view of security rather than app-view. ®

Beginner's guide to SSL certificates

More from The Register

next story
FYI: OS X Yosemite's Spotlight tells Apple EVERYTHING you're looking for
It's on by default – didn't you read the small print?
Edward who? GCHQ boss dodges Snowden topic during last speech
UK spies would rather 'walk' than do 'mass surveillance'
Microsoft pulls another dodgy patch
Redmond makes a hash of hashing add-on
NOT OK GOOGLE: Android images can conceal code
It's been fixed, but hordes won't have applied the upgrade
Apple grapple: Congress kills FBI's Cupertino crypto kybosh plan
Encryption would lead us all into a 'dark place', claim G-Men
DEATH by PowerPoint: Microsoft warns of 0-day attack hidden in slides
Might put out patch in update, might chuck it out sooner
'LulzSec leader Aush0k' found to be naughty boy not worthy of jail
15 months home detention leaves egg on feds' faces as they grab for more power
prev story

Whitepapers

Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.