CloudLock, Inc., a cloud data security company, announced raised $16.5 million in a Series C funding round from new investor Bessemer Venture Partners, and participation of existing investors Cedar Fund, and Ascent Venture Partners.
In 2013, CloudLock experienced another consecutive year of growth in helping enterprises of all size and in all verticals overcome their security obstacles to cloud adoption, across multiple cloud platforms like Google Apps and Salesforce. Its people-centric security automation approach, with a SaaS content-aware and policy-based solution, allows customers to enforce their own security, governance, and compliance requirements, on their data and users in the cloud, without diminishing the functionality of the platforms they protect or disrupting the end-user experience.
“As corporate data begins to live on the cloud, the question of managing and securing data has become one of paramount concern. IT departments now struggle to gain the visibility and control they had when data and applications lived on-premise. That’s where CloudLock comes in,” said Bob Goodman, partner, Bessemer Venture Partners. “We think they have the right product at the right time and the right people to make Cloudlock a success.”