OpenDNS, cyber security vendor, has raised $35 million Series C funding from a host of investors, bringing the company’s total funding to $53 million, while valuation was not disclosed.
The investors include Greylock Partners, Sequoia Capital, Sutter Hill Ventures, Glynn Capital, Cisco, Evolution Equity, Lumia Capital, Mohr Davidow Ventures, and Northgate Capital.
OpenDNS, founded in the year 2005 by David Ulevitch, currently has more than 50 million daily active users and over 10,000 enterprise customers using its security solutions.
“We’re in a special place in the company’s trajectory,” Ulevitch said. “We’re not a foregone conclusion success, but there’s enough wind in our sails, or it looks that way that the risk for the investment community is pretty low.”
“OpenDNS is a true innovator among security companies,” said Stefan Dyckerhoff of Sutter Hill Ventures, one of the investors, in a statement.
The company said that the new funding will be invested in R&D, and used to hire engineers and expand internationally with a new sales office in East Coast.
Ulevitch initially started the company, offering free DNS controls along with parental and organizational filtering. In 2009, the company launched the cloud-delivered security solution, dubbed Umbrella that protects users or businesses when they connect to the Internet.
OpenDNS has over 22 data centers capable of carrying humungous volume of traffic that monitors and secures every device connected to the business network.
The company’s Umbrella Security Labs team is reportedly in the research to predict malware attacks well before, with the goal to create threat intelligence platform. OpenDNS claims that over 1 million new Internet events are processed to discover and predict the new cyber attacks stages.
