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Skyhigh Networks Raises $40 Million, 13 Months After It Raised $20 Million
/ June 23, 2014 5:50 pm

skyhighTechCrunch reports that Skyhigh Networks has raised $40 Million in its Series C Round of Funding. The funding round was co-led by Sequoia and Greylock firms. Skyhigh Networks finds, manages and analyzes data from all the applications people use at work and sees the security issues associated with it to find irregular patterns and ways to help companies save costs on subscriptions. The company fits into the industry trend of employees taking control over both the devices, and services that they utilize. The more cloud products that are active in your firm, the more vectors exist that are possibly open for exploit. Skyhigh is betting on acceleration, aiming to use the money they’ve accumulated for new on sales efforts, marketing, and international expansion.  Read More

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