ICEBRG Announces $10M in Series A

What does ICEBRG do?

ICEBRG, is a enterprise network security start-up which is still in stealth-mode. The details about the company are still scarce, but what is know is it is focused on network security.

How much ICEBRG was funded?

ICEBRG raised $10M in Series A on March 29, 2016 from Pelion Venture Partners.

Previous funding

$2.5M on December 2, 2014 from Madrona Venture Group

What is next for ICEBRG?

The company’s offering has been met well by strong response from the customers and the company plans on using this investment for accelerating the development of its product and to meet the increasing customer demand. The company’s CEO, Peteroy said that organizations are under attack by hackers which causes their network compromise for less than $25 with a small phishing scheme. A hacker just has to know how to use a credit card and email and while defenders must have great understanding of complex security tools with fragmented technologies and networks which grew over the period of years. The company has had a rapid growth and demand for its disruptive and unique approach to network security. Its services are currently used by many Fortune 500 companies. In 2015 the two have assembled an expert security and enterprise software team from Microsoft, Mandiant, HortonWorks and FireEye.

More about ICEBRG

ICEBRG was founded in 2014 by Seattle, WA by William Peteroy and Josh Carlson, It has its headquarters in Seattle, WA.  The company was started with the aim of creating a positive change in the security industry, for empowering its consumers in focusing their limited resources of security on the most important threats to their enterprises at any time. The company has a different approach to enterprise network security.  The company has a unique product offering and top notch cyber security team, with which it is well positioned to continue in the strong momentum it is in now.