Imperva Raises $17M in Series C Venture Capital Financing

Greylock Partners, Accel Partners, US Venture Partners, and Venrock Associates Invest in Data Security Appliance Vendor

Imperva, a leader in data security for the data center, recently announced that it has raised $17 million in a Series C round of venture capital financing. The funds will be used to expand direct and channel sales infrastructure on a global basis to capitalize on the rapidly expanding market opportunity for its data security, data assurance, and regulatory compliance products.

This round was led by Greylock Partners, and supported by previous investors Accel Partners, US Venture Partners, and Venrock Associates. The company has raised a total of $33.7 million in three rounds of financing for the SecureSphere product line, which addresses the issues of insider abuse and criminal activity targeting corporate databases and sensitive e-commerce applications. Imperva founder and CEO Shlomo Kramer was a founder of firewall giant Check Point Software Technologies.

“Demand for data security, data assurance, and regulatory compliance products is growing faster than anyone anticipated as organizations worldwide come to terms with the financial, legal, and business responsibilities for sensitive customer information and financial data,” said Shlomo Kramer, founder and CEO of Imperva. “This new round of funding provides us with the financial resources we need to capture a lion’s share of the market for data security products both domestically and internationally.”

“Data security has rapidly become a top customer priority,” said Asheem Chandna, partner at Greylock Partners. “We are excited to be working with Shlomo Kramer and the Imperva team to help build and grow Imperva as the worldwide leader in the new data security category.”