CloudLock Raises $16.5 Million Series C Round Led by Bessemer Venture Capital to Accelerate its Disruption of Enterprise Cloud Security
Lead investor Bessemer Venture Partners joins Series A and B investors Cedar Fund and Ascent Venture Partners in fueling the cloud security revolution CloudLock is bringing to enterprises
WALTHAM, MA. – CloudLock, the cloud security pioneer and the world’s leading cloud data security company, today announced it has raised $16.5 million in a Series C funding round from new investor Bessemer Venture Partners, and participation of existing investors Cedar Fund, and Ascent Venture Partners.
“Very few investors understand the cloud and security as well as Bessemer does and we could not be more thrilled to add Bob and the rest of the Bessemer team to the CloudLock family. Bessemer’s vision of the cloud as the backbone of a business, and track record of funding the companies that enable this innovation, is a perfect match for CloudLock and our goal of providing the cloud security fabric enterprises need”, said Gil Zimmermann, CEO & Co-founder of CloudLock. ”From our initial roots as a Cedar Fund Pre-Seed company, through our expansion with Ascent Venture partners, and now with Bessemer, we have always sought out partners and investors that share our passion and belief that the cloud is transformative for businesses on all levels. The cloud transformation has only just begun. We have big plans to execute from here that will see investments in building out our world class sales, marketing, and engineering organizations to bring even more value, across more platforms, to a fast growing market.”