AmericanInno: Threater Closes on its Expanded $10M Series A Round

Skyline with Bandura Cyber logo

Threater Closes on $10M Series A Funding

Kieran McQuilkin reports on an expanding of Bandura Cyber’s Series A round funding to over $10 million in 2018, building on a $3.5 million seed round round and a previous $4 million Series A. Bandura Cyber drew the funding by impressing investors with its Threat Intelligence Gateway (TIG) solution, which is able to reinforce and complement next-generation firewalls by analysing connections using up to 100 million unique threat indicators before those connections reach firewalls. 

Joyce Shen of New York’s Tenfore Holdings issued a statement saying, “The platform provides significant advancement in intelligent network defense that is ‘plug and defend,’ allowing existing CSOs and their teams to focus on value-added tasks.We are excited to be a part of Bandura’s growth.”

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