PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Vidder

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Vidder Raises $12M in Series B Funding to Equip Enterprises to Prevent Cyber Attacks - Emerging growth fund LDVP stakes flagship investment in Vidder; latest financing further validates Vidder’s cyber security solution - Vidder.com
Vidder Raises $12M in Series B Funding to Equip Enterprises to Prevent Cyber Attacks

 

NewswireToday - /newswire/ - Campbell, CA, United States, 2015/03/19 - Emerging growth fund LDVP stakes flagship investment in Vidder; latest financing further validates Vidder’s cyber security solution - Vidder.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering IT Security/Anti-Spam Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Vidder Inc., the pioneer of PrecisionAccess that stops cyber attacks before they start, today announced the closing of $12 million in Series B financing. LDV Partners (LDVP) led the round of funding, which includes participation from Presidio Ventures as a new investor, along with current investors ONSET Ventures and Voyager Capital. In addition, Winston Fu, General Partner at LDVP, has been named to the Vidder Board of Directors.

“Cyber attacks are rampant,” said Mark Hoover, CEO of Vidder. “Many of the massive, continuing breaches we see today are the results of enterprise applications being exposed to all kinds of users in the extended enterprise of cloud apps and partner ecosystems. We’ve had great success protecting Fortune 500 companies in the US and are looking forward to now expanding globally. The international insight that LDVP and Presidio bring are just what we were looking for.”

Vidder will use the funds to expand global marketing, sales and customer service, delivering Vidder PrecisionAccess to enterprises who seek to prevent breaches associated with credential theft, server exploitation and connection hijacking.

“We chose Vidder as the flagship investment for our new fund because of its enormous market potential, experienced management team, capital efficiency, and differentiated technology,” stated Winston Fu, General Partner at LDVP, who has a 16-year track record investing in technologies that disrupt large markets. “We couldn’t have asked for a better situation Vidder’s technology and business model are validated by cornerstone customers and growing industry demand.”

Vidder PrecisionAccess provides enterprise IT with complete control of connectivity to applications throughout the evolving extended enterprise. Based on a next-generation access control architecture called the Software Defined Perimeter (SDP), PrecisionAccess features built-in transparent multifactor authentication (tMFA) capability that makes stolen credentials useless to the attackers. PrecisionAccess uses a pre-authentication process to create precise, dynamic connections for individual users, granting them access to only the applications for which they are authorized. This technique isolates the application servers from everyone, greatly reducing the attack surface from those who seek to exploit server or application vulnerabilities, compromise the system, or tie up resources to deny service.

“As an original Series A investor, we’re thrilled to see the amount of investment interest and customer traction the company has generated,” stated Shomit Ghose, General Partner at ONSET Ventures. “The major IT trends have changed the landscape of enterprise security, and only Vidder has shown they’ve been able to comprehensively solve the problem.”

About Vidder

Vidder (vidder.com) stops cyber attacks before they start. Vidder is the pioneer of Precision Access, the next generation access control for the extended enterprise. Vidder PrecisionAccess eliminates credential theft, server exploitation, and connection hijacking by dynamically connecting only trusted and strongly authenticated users to authorized systems. As the industry-first solution based on a breakthrough security architecture called Software Defined Perimeter, Vidder PrecisionAccess has quickly attained strong traction with Fortune 500 customers.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering IT Security/Anti-Spam Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Vidder

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
IT Security Anti-Spam Computer Security - Purchase keywords tags antivirus software firewall spyware removal virus scan computer security IT Security Anti-Spam malware / Banner Ads!.

 
  Your Banner Ad showing on ALL
IT Security/Anti-Spam articles,
CATCH Visitors via Your Competitors Announcements!


Vidder Raises $12M in Series B Funding to Equip Enterprises to Prevent Cyber Attacks

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Dan Spalding - Vidder.com 
408-960-9297 dan[.]spaldingcomm.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Vidder securities in any jurisdiction including any other companies listed or named in this release.

IT Security/Anti-Spam via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Vidder / Company Profile


Read IT Security/Anti-Spam Most Recent Related Newswires:

Barracuda Simplifies Web Application Security for AWS Customers
Dell Unveils High-Performing, Quad Core Wyse 5060 Thin Client Designed for Knowledge Workers
Check Point vSEC Achieves AWS Security Competency
Gatwick Airport Relies on Splunk Cloud to Enhance Performance and Collaboration
For the Fourth Year, Flexera Software Named a Chicago Tribune 2016 Top 100 Workplace
Barracuda Announces Web Security Gateway Updates to Enhance Advanced Threat Protection, and Network Performance
Portnox Wins Top Honors from Frost & Sullivan for its Software-based Network Access Control Solution, the Portnox NAC
Infinera Powers Cloud Scale Networks with New DTN-X Platforms
ForeScout Named as One of the Fastest Growing Companies in North America on Deloitte’s 2016 Technology Fast 500
Comodo Launches New Full-lifecycle Digital Certificate Management Platform
Privatoria.net Launches An Effective Plugin to Simplify its Users’ Experience
Gigamon to Showcase its Innovative Visibility Fabric Solutions At RSA Conference 2016 Abu Dhabi
CenturyLink and Infinera Deliver 2.5 Tb/s of Super-channel DWDM Capacity at Super Computing 2016
Rising Complex Data-Driven Scenario Creates Growth Opportunities for North American Managed Security Service Providers Finds Frost & Sullivan
Rohde & Schwarz and CELARE Announce Availability of A New SCADA Decoder Protecting M2M Communication from Malicious Code

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  NAKIVO, Inc.





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)