Redline Capital and Telstra Invest $41 Million in vArmour

The firm helps business secure their data in the cloud.

vArmour, a data center security startup based in Mountain View, Calif., said it raised $41 million in Series D funding on Tuesday, bringing its total sum raised to $83 million to date.

Investors in the round included Redline Capital, a venture capital firm based in Luxembourg, and Telstra, Australia’s largest telecom operator. The pair join existing investors Highland Capital Partners, Menlo Ventures, Citi Ventures C 0.47% , Columbus Nova Technology Partners, Citi Ventures, Work-Bench Ventures, and Allegis Capital.

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Tim Eades, chief executive officer at vArmour, dropped byFortune’s office to discuss recent shifts in the funding and exit environments for cybersecurity startups. He noted that firms that are burning through cash are going to have tough time staying afloat as investors’ purse strings tighten. For the full article click here 

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