Intel joins $30m series-D round for AlienVault

The final capital commitment takes the total raised in the series-D round to $30m. 

The firm will focus on its global sales and marketing programme, using the fresh capital to drive product innovation. 

In September 2013, GGV Capital led the series-D round. Existing investors Trident Capital, Kleiner Perkins Caufield & Byers (KPCB), Sigma West and Adara Venture Partners also participated in the round. New backers Top Tier Capital and Correlation Ventures also entered the firm's shareholding.

AlienVault was founded in Madrid but moved to San Mateo, California, in 2012.

Previous funding
In July 2012, KPCB and Sigma led a $22.4m series-C round for the company. Trident and Adara also committed capital.

In February 2012, Trident led an $8m series-B round, with co-investment from Adara and Neotec Capital Risego. The firm's series-A round occurred in 2009, with participation from Adara and Neotec.

Company
Founded in 2007 and based in San Mateo, AlienVault has created an open source security information and event management solution to assist threat management. The company has experienced more than 100% growth in new customers in 2013. It counts more than 8,000 contributors to its open source solution, hailing from 140 countries.

 

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• Topics
• Southern Europe
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• Spain