TMCnet News
Zenedge Secures $3.5 million in Series A Funding Round [Professional Services Close - Up](Professional Services Close - Up Via Acquire Media NewsEdge) Zenedge reported a $3.5 million Series A funding round. In its release on Oct. 9, the Company said that investors in Zenedge's $3.5 million Series A funding include serial entrepreneurs Yehuda Neuberger, Fred Sorkin and Needham & Company Chairman Andrew Malik. "We've seen all too recently with the Shellshock bug how web application vulnerabilities are exploited, making it increasingly more complex to mitigate DDoS attacks. With potentially millions of newly-compromised computers available to cyber terrorists as part of botnets, it is critical for enterprises to protect themselves from these inevitable threats," said Zenedge Co-Founder and CEO Yuri Frayman. "We've created a solution to a problem no one else is adequately addressing: the ability to effectively plug security holes and shield businesses from any potential attack." CTO Leon Kuperman said, "We created Zenedge to ensure no customer of ours ever suffers the same business disruption and loss. Zenedge shields your site against security attacks - we take the hits, so you don't have to." Zenshield is a subscription-based service. ((Comments on this story may be sent to [email protected])) (c) 2014 ProQuest Information and Learning Company; All Rights Reserved. [ Back To TMCnet.com's Homepage ] |