Ziften pulls in $24 mln


Austin-based Ziften, a provider of continuous endpoint visibility solutions, has secured $24 million in funding. Spring Mountain Capital led the round.

PRESS RELEASE

AUSTIN, Texas–(BUSINESS WIRE)–Ziften, the innovation leader in continuous endpoint visibility, today announced it has raised $24 million in funding led by Spring Mountain Capital, and with significant participation from Fayez Sarofim, an early investor in Ziften. The equity financing round will accelerate Ziften’s go-to-market strategy and extend its global reach as it delivers on the demands of organizations for a security solution that swiftly discovers, analyzes, and plugs security exposures to harden corporate resiliency.

Ziften purpose-built its continuous endpoint visibility solution to be deployed in hours, not weeks, and to immediately amplify the skillset of any team and the tools they already have in place. Architected for endpoint innovation and ultra-low resource consumption, Ziften scales dynamically with an organization to immediately discover, analyze, and respond to security exposures.

“For most companies, vulnerabilities start at the endpoint,” said Charles Leaver, CEO of Ziften. “Three years ago, Ziften set out to build an endpoint security solution that directly addresses the lack of endpoint visibility, analysis, and response. Now in 2015, we are leading the innovation in this high-growth security sector. This latest round of funding speaks to the explosive growth of our industry and the widespread adoption of endpoint security by organizations looking to rapidly detect attacks and pinpoint the source of the breach to speed up time to response.”

“Ziften has experienced tremendous growth in a short amount of time to establish itself as a trailblazer in endpoint threat detection and visibility,” said Jamie Weston, Managing Director in Spring Mountain Capital’s Private Equity Group. “Ziften’s management team are thought leaders in threat detection and prevention and we are excited to work with them as they continue to deliver crucial endpoint visibility to their growing roster of customers.”

The $24 million round of funding is the latest win for the company in 2015. In the last few weeks Ziften was named a Red Herring 100 award winner, included by CIO Review on the “20 Most Promising RSA Security Solution Providers” list, and named the top Endpoint Threat Detection vendor on the Cybersecurity 500.

Get to the point with Ziften at ziften.com.

About Spring Mountain Capital
Founded in 2001 and located in New York City, Spring Mountain Capital, LP (“SMC”) is a private investment management firm that focuses on alternative asset investing. SMC’s Private Equity Group provides expansion stage capital to lower middle market companies that are capitalizing on breakthrough innovations, paradigm shifts, or fundamental market or behavioral changes. The Private Equity Group at SMC focuses on two sectors of the U.S. economy with the most change and highest growth potential: technology-enabled and healthcare businesses. Within these high growth areas, it seeks to make value investments by capitalizing on market dislocations, information asymmetry, illiquidity, and complexity. For further information, please visit www.springmountaincapital.com.

About Ziften
Ziften provides continuous endpoint visibility to the enterprise. Combining real-time user, device and threat behavior monitoring, analytics, and reporting, Ziften takes the complexity, time, and cost out of endpoint detection and response with an easy-to-use solution that deploys in hours, not days. Security teams throughout the world use Ziften’s solution to augment their existing infrastructure and amplify their resources to more easily and automatically pinpoint and respond to threats, vulnerabilities, and abnormalities. Keep your business on point and protect to the end with Ziften at www.ziften.com.

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