Skyhigh Networks raises $40M in Series D


What does Skyhigh Networks do?

Skyhigh Networks, is the leading cloud access security broker. This company manages shadow IT and securely enables sanctioned information technology with unparalled threat detection, cloud visibility and police enforcement. This CASB, enables companies in adopting cloud services with appropriate compliance, security and governance. The company supports the total cloud adoption lifecycle, providing unparalleled analytics, visibility and policy based control. The company analyzes the use of all cloud services for identifying opportunities for IT for brokering appropriate services, reducing costs and risks by consolidating subscriptions, and highlighting anomalous behavior indicating compromised accounts, security breaches or insider threats, shines a light on shadow Information Technology by providing a comprehensive view into a company’s use of all cloud services and enforces policies of the organization on the use of more than 10k cloud services by providing contextual access control, unstructured and structured data tokenization and encryption,  data loss prevention and in detail cloud activity monitoring for compliance and forensic purposes.

How much Skyhigh Networks was funded?

The company raised $40M in Series D on September 25, 2016 from Sequoia Capital, Thomvest Ventures and Greylock Partners.

Previous funding.

$6.5M in Series A on April 9, 2012 from Greylock Partners and InstantScale Ventures

$20M in Series B on June 25, 2013 from Greylock Partners,  InstantScale Ventures and Sequoia Capital.

$40M in Series C on June 23, 2014 from Greylock Partners,  Sequoia Capital and Salesforce Ventures.

What is next for Skyhigh Networks?

Skyhigh Networks plans on using the latest funding raised for accelerating its go to market investments and for extending its leadership in the rapidly growing cloud security industry and with its CASB solution.

More about Skyhigh Networks

Skyhigh Networks was founded in 2011 by Rajiv Gupta,  Sekhar Sarukkai and Kaushik Narayan. It has its headquarters in Campbell, California. The company is backed by Salesforce, Sequoia Capital and Greylock Partners.