ObserveIT
Latest round
- Series B
Last raised
- Jul 2018
Total raised
- $17M
Investors
- 3
About ObserveIT
ObserveIT LTD is based in Boston, US, and specializes in Insider Threat Management solutions. Founded in 2006 by Avi Amos, the company focuses on user activity monitoring to enhance cybersecurity. In November 2019, Proofpoint, Inc. acquired ObserveIT for USD 225 mn, which was their most recent deal. This acquisition marked a significant shift in the company's operational strategy and allowed for integration into a larger security framework.Following its acquisition, ObserveIT's capabilities are integrated within Proofpoint's offerings, which focus on safeguarding organizations from insider threats. Their core product utilizes advanced analytics and endpoint visibility to monitor user activities, identifying risks, expediting incident responses, and mitigating the impacts of potential data breaches.Proofpoint's revenue model for Insider Threat Management solutions is subscription-based, involving annual contracts that provide clients with continuous software updates and support. Clients benefit from tiered pricing plans that adapt to their specific needs, ensuring scalability as they grow.With the acquisition by Proofpoint in November 2019, ObserveIT's future growth strategy includes leveraging this partnership to enhance product offerings and expand into new markets. The integration aims to streamline the development of new products that address evolving cybersecurity challenges.
Who invested in ObserveIT
3 investors across 1 round
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Funding rounds
Series B
Jul 17, 2018
Amount
$17M
Investors
Questions about ObserveIT
Who invested in ObserveIT?
ObserveIT has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has ObserveIT raised?
ObserveIT has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did ObserveIT last raise money?
ObserveIT's most recent round on record is a Series B, in Jul 2018.
What does ObserveIT do?
ObserveIT LTD is based in Boston, US, and specializes in Insider Threat Management solutions.
Where is ObserveIT headquartered?
ObserveIT is headquartered in Boston, US.
Which VCs invest in companies like ObserveIT?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back it security/cybersecurity companies at ObserveIT's stage. Their profiles are linked below.
VCs backing it security/cybersecurity startups at Series B
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