Security solution Monarx scores $6.1m in funding raise

2 months ago

Monarx, a information solution for web hosting, has bagged $6.1m successful a caller backing information headed by Signal Peak Ventures.

The information was led by Signal Peak and besides saw information from Kickstart Fund, Pelion Venture Partners and Crosscut Ventures.

Founded successful 2017, Utah-based Monarx protects web environments against attack. The firm’s cloud-delivered server protection provides continuous real-time malicious book discovery and proactive prevention on pinch an integrated hunting and remediation engine.

Monarx’s solution hardens servers and applications reducing nan onslaught surface, by providing actionable intelligence astir web information posture based connected existent world champion practices. Monarx claims it is starring nan measurement successful non-signature-based post-exploit prevention.

The CyberTech patient said it will usage nan recently raised superior to thief it further substance partner growth.

Monarx CEO Jeremy Warren said, “I’m excited to person Ben joining our team, arsenic he brings tremendous acquisition and credibility successful cybersecurity. These are challenging times for a batch of exertion companies, but I’m proud that we’ve been capable to support increasing successfully by focusing connected solving halfway problems and driving actual worth for our hosting partners.

“Thanks to Ben and each of Signal Peak for recognizing what we’ve built and choosing to subordinate america arsenic we proceed connected our ngo to unafraid nan world’s websites.”

Rapid7, a unreality consequence and threat discovery firm, has precocious acquired CyberTech patient Minerva Labs for an undisclosed fee.

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