VMRay Extends Series B Round To $34M
- VMRay, a Bochum, Germany-based cybersecurity company dedicated to detecting and analyzing malware and phishing threats, closed a $38M Series B round
- The round was led by Tikehau Capital, with participation from NRW.BANK, Gründerfonds Ruhr, eCAPITAL, and Gründerfonds
- The company intends to use the funds to further expand its product portfolio to target a broader set of market segments
- The company is a global player in advanced threat detection and analysis that offers solutions for enterprises, governmental organizations, and MDRs to detect and analyze the most challenging malware and phishing threats
- The company started its journey by developing an approach to sandboxing, and kept adding technologies, including its own Machine Learning models, to address emerging and evolving challenges
- The solutions aim at improving the efficiency of SOC teams with integrations with major EDR, XDR, SOAR, and Threat Intelligence Platform vendors