Skip to main content

The context you need, when you need it

When news breaks, you need to understand what actually matters — and what to do about it. At Vox, our mission to help you make sense of the world has never been more vital. But we can’t do it on our own.

We rely on readers like you to fund our journalism. Will you support our work and become a Vox Member today?

Join now

Security Startup Illumio Lands $100 Million From BlackRock, Accel

The company has raised $142 million in 27 months.

Via Glassdoor

Illumio, a security startup based in Sunnyvale, Calif., has raised a $100 million round of funding including new investments from BlackRock and the venture capital firm Accel Partners.

It’s Illumio’s third round, and brings its total capital raised to $142 million. Prior investors, including the venture capital firms Formation 8, Andreessen Horowitz and General Catalyst, all participated in the latest round. The company also has personal investments from Salesforce CEO Marc Benioff, Yahoo co-founder Jerry Yang and Microsoft Chairman John Thompson.

Illumio spent two years in stealth mode building what it calls its Adaptive Security Platform. Essentially, it’s software that allows corporate IT managers to create security rules and policies that govern how their systems operate. Its approach allows those managers to craft those rules in natural language, making it generally easier to use.

Its secret sauce is its utterly agnostic approach to IT infrastructure. Illumio works with whatever systems may be in place, in any combination: Local servers, all-cloud, or, as is most likely, a blend of both. The system also adapts as the infrastructure changes. First, it maps it out visually, so it’s possible to see all the places where data is flowing on the network. Then it’s a relatively simple matter to start building rules to enforce security policies governing how it flows, and those rules can change as the infrastructure changes.

In an interview in New York, CEO Andrew Rubin said the proceeds will primarily be used to double down on research and development but also to get the product out on the market. “The early traction with the product indicates to us that we should take aggressive action, now.” That plan includes doubling the company’s headcount, currently about 100, within the next 12 months.

This article originally appeared on Recode.net.

More in Technology

Podcasts
Are humanoid robots all hype?Are humanoid robots all hype?
Podcast
Podcasts

AI is making them better — but they’re not going to be doing your chores anytime soon.

By Avishay Artsy and Sean Rameswaram
Future Perfect
The old tech that could help stop the next airborne pandemicThe old tech that could help stop the next airborne pandemic
Future Perfect

Glycol vapors, explained.

By Shayna Korol
Future Perfect
Elon Musk could lose his case against OpenAI — and still get what he wantsElon Musk could lose his case against OpenAI — and still get what he wants
Future Perfect

It’s not about who wins. It’s about the dirty laundry you air along the way.

By Sara Herschander
Life
Why banning kids from AI isn’t the answerWhy banning kids from AI isn’t the answer
Life

What kids really need in the age of artificial intelligence.

By Anna North
Culture
Anthropic owes authors $1.5B for pirating work — but the claims process is a Kafkaesque messAnthropic owes authors $1.5B for pirating work — but the claims process is a Kafkaesque mess
Culture

“Your AI monster ate all our work. Now you’re trying to pay us off with this piece of garbage that doesn’t work.”

By Constance Grady
Future Perfect
Some deaf children are hearing again because of a new gene therapySome deaf children are hearing again because of a new gene therapy
Future Perfect

A medical field that almost died is quietly fixing one disease at a time.

By Bryan Walsh