Saturday, March 5, 2016

San Jose's Skybox Security raises $96M in private equity

Skybox is a cybersecurity business that has been around for 14 years. They help customers manage and analyze threat data and prioritize risks. Some of the largest global banks, telecoms, and energy providers user their solutions.

Skybox has raised a whopping $96 million in their latest financing round, which is more than double all of the funding the company has ever received in the past. The company is profitable but likely will not go public for another couple of years.

Currently Skybox has 120 employees and they are looking to add up to 50 new hires in 2016. Their headquarters is at 2099 Gateway Place, near the airport.

Source: SVBJ

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