logo
logo

Leading SASE Cloud Security Provider iboss Raises $145 Million to Support Company’s Rapid Growth in $25B Expanding Market

Jan 05, 2021•over 4 years ago

Amount Raised

$145 Million

Boston

Description

iboss, the leader in cloud delivered network security, announces it has raised $145 million in new funding. The financing will be used to support the company’s rapid growth as organizations increasingly recognize iboss as the leading provider of cutting-edge network security through the cloud.

Company Information

Company

Iboss, Inc.

Location

Boston, Massachusetts, United States

About

iboss is a cloud security company that provides organizations and their employees fast and secure access to the Internet on any device, from any location, in the cloud. The iboss cloud platform provides network security as a service, delivered in the cloud, as a complete SaaS offering. This eliminates the need for traditional network security appliances, such as firewalls and web gateway proxies, which are ineffective at protecting a cloud-first and mobile world. Leveraging a purpose-built cloud architecture backed by over 190 issued and pending patents and more than 100 points of presence globally, iboss protects more than 4,000 organizations worldwide, including a large number of Fortune 50 companies. To learn more, visit https://www.iboss.com/.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech