Wednesday 25 May 2016

Telstra sharpens its cybersecurity claws

Telstra’s venture capital arm has put some capital on the table to seal a partnership with US cybersecurity start-up, vArmour, which will see the telco boost its managed services portfolio.

The start-up, which offers cloud security solutions to enterprises, has raised $US41 million in a Series D round, with Telstra coming on board as a significant investor.

vArmour’s distributed security software provides organisations a way to protect their infrastructure by insulating the affected area of a network in case of an attack.

By shifting the focus from patrolling the network to isolating the problem internally within the network, the solution allows organisations to stop the spread of threats.

It’s the 30th investment made by Telstra Ventures and the unit’s managing director Mark Sherman said that he was impressed by how effective vArmour’s technology is in helping enterprises secure their data on the cloud. For the full article click here



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