FireEye Closes $50 Million Funding Round
Cyber Security Leader Continues Rapid Expansion, With Over $100 Million in Bookings and Over 100% Growth Year-Over-Year
FireEye®, Inc., the leader in stopping today’s new breed of cyber attacks, announced today that it has raised an additional $50 million in venture funding from new and existing investors including Sequoia Capital, Norwest Venture Partners, Goldman Sachs, Juniper Networks, Silicon Valley Bank, and others. The financing will support the company’s ongoing international expansion and continued technology innovation, as well as help the company further scale operations and support its rapidly growing customer base.
FireEye saw significant expansion in 2012, with over $100 million in bookings and over 100% bookings growth. The company grew its partner and customer base to well over 1,000 organizations, with more than 25% of the Fortune 100 deploying its solutions. Also in 2012, FireEye was named the fourth fastest growing technology company in North America on the Deloitte 2012 Technology Fast 500™ list and was awarded The Wall Street Journal 2012 Technology Innovation Award, among others.
"FireEye has emerged as a clear leader in combatting the next generation of cyber attacks plaguing businesses and governments today," said Dave DeWalt, FireEye chairman and CEO. "Businesses are being breached at an increasing pace as traditional signature-based defenses can’t hold up to the new breed of attacks. Our revolutionary signature-less detection engine and threat protection platform has seen incredible adoption in the past year and we are poised for further growth heading into 2013."
The new funding brings the company’s total amount raised to over $100 million and further validates FireEye’s unique, next- generation threat protection platform. The company also announced the appointment of six new executives to its global leadership team. This follows on the heels of other recent additions to the leadership team including the appointment of board chairman David DeWalt to the role of CEO.
About FireEye, Inc.
FireEye is the leader in FireEye solution supplements signature-based firewalls, IPS, anti-virus, and gateways, and provides the world’s only cross-enterprise, signature-less protection against Web and email threat vectors as well as malware resident on file shares. It is the industry’s only integrated solution that stops attacks across every stage of an attack life cycle, from exploit to exfiltration. Using its patented Virtual Execution technology platform across its portfolio, FireEye is uniquely able to protect against next-generation threats. FireEye solutions are deployed in over 40 countries and more than 25% of the Fortune 100.
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