About Illumio
Illumio, the breach containment leader
Headquarters
Illumio, Sunnyvale
Founded
2013-01-01
Industry
Cloud Security, Cyber Security, Data Center, SaaS, Security
Last Funding Type
Series F
Valuation
22
Total Funding
$557.50 million dollars
IPO Status
Private
Financial
Illumio, Inc. is focused on enhancing cybersecurity through advanced network segmentation. Their R&D efforts include developing methods for enforcing segmentation policies in tandem with existing system firewalls and utilizing infrastructure policy feedback. They are also innovating in the detection of core services for segmented networks, employing techniques like supervised learning for workload identification. Additionally, Illumio is creating systems to generate vulnerability exposure scores, aiding in the formulation of segmentation policies based on identified vulnerabilities. Their work extends to monitoring traffic flows in containerized environments and managing segmentation policies with constraint rules. Lastly, they are enforcing label-based rules on a per-user basis, ensuring secure and tailored access within distributed networks.
Illumio Inc. has announced its membership in Microsoft's Intelligent Security Association, aiming to enhance its Zero Trust Segmentation capabilities. Additionally, Illumio has partnered with Wiz to integrate cloud security solutions, and with Netskope to combine Zero Trust Segmentation with Zero Trust Network Access for improved cyber resilience. The company has also appointed a new director of channel sales for EMEA.
Illumio Inc. has announced its membership in Microsoft's Intelligent Security Association, aiming to enhance its Zero Trust Segmentation capabilities. Additionally, Illumio has partnered with Wiz to integrate cloud security solutions, and with Netskope to combine Zero Trust Segmentation with Zero Trust Network Access for improved cyber resilience. The company has also appointed a new director of channel sales for EMEA.
Funding Rounds
6
Number of Lead Investors
6
Total Funding Amount
$557.50 million dollars
Number of Investors
26
Illumio vs. Other Decacorns
| Company | Valuation | Total Funding | Funding Rounds |
|---|---|---|---|
| Illumio | $22B | $557.50M | 6 |
| SeekOut | $1B | $188.60M | 4 |
| Tanium | $9B | $1.05B | 14 |
| Postman | $6B | $433.00M | 5 |
| SandboxAQ | $8B | $825.00M | 3 |
| 1Password | $14B | $920.14M | 3 |
| Drata | $4B | $328.24M | 4 |
| Nord Security | $3B | $208.98M | 2 |
| AvidXchange | $4.9B | $1.13B | 10 |
| Offchain Labs | $1B | $123.70M | 3 |
| Shield AI | $5B | $1.07B | 14 |
| InsideSales.com | $3B | $251.20M | 6 |
| AppDirect | $2B | $574.50M | 9 |
| Zenefits | $14B | $584.10M | 6 |
| Dialpad | $2B | $450.00M | 9 |
| Grammarly | $39B | $400.00M | 3 |
| CloudBees | $1B | $356.20M | 8 |
| Workfront | $2B | $375.00M | 5 |
| ZipRecruiter | $2.4B | $769.00M | 3 |
| Copper | $2B | $102.00M | 5 |
| Cylance | $1B | $297.00M | 6 |
| SentinelOne | $9B | $696.52M | 9 |
| Tradeshift | $8B | $1.13B | 14 |
| Wrapbook | $1B | $150.60M | 4 |
| Matillion | $3B | $290.00M | 7 |
| Datto | $4.3B | $100.00M | 3 |
| SmartRent | $2.2B | $256.50M | 6 |
| Active Network | $1B | $344.19M | 9 |
| Anduril | $25B | $3.67B | 8 |
| Contrast Security | $3B | $269.00M | 5 |
| Procore | $9.6B | $654.02M | 17 |
| NetScreen | $0.7B | $66.00M | 3 |
| Fleetmatics Group | $0.6B | $93.00M | 2 |
| Carbonite | $0.2B | $191.20M | 8 |
| Concur Technologies | $0.2B | $291.75M | 2 |
| Divvy | $7B | $417.50M | 5 |
| Sumo Logic | $2.2B | $340.00M | 6 |
| ZeroFox | $1.4B | $324.20M | 6 |
| Pipedrive | $5B | $90.20M | 8 |
| STORD | $4B | $325.04M | 6 |
| Evolv Technology | $1.7B | $483.32M | 10 |
| Weave | $1.5B | $168.00M | 8 |
| HyperScience | $7B | $288.88M | 9 |
| LogMeIn | $0.3B | $30.00M | 5 |
| Material Security | $4B | $162.00M | 4 |
| Cohesity | $10B | $955.00M | 10 |
| Gusto | $547B | $746.10M | 15 |
| Coalition | $10B | $770.00M | 7 |
| FullStory | $4B | $197.20M | 7 |
| Amplitude | $4.6B | $311.48M | 14 |
| Mandiant | $2.3B | $70.00M | 2 |
| ThoughtSpot | $13B | $663.70M | 12 |
| Veriff | $6B | $192.32M | 7 |
| Motive | $3B | $567.30M | 9 |
| Evernote | $11B | $290.00M | 12 |
| Ada (Business/Productivity Software) | $1B | $190.62M | 7 |
| Rebellion Defense | $1B | $150.00M | 2 |
| Stripe | $559B | $9.44B | 20 |
| Druva | $2B | $475.00M | 9 |
| Foundry Networks | $3B | - | 1 |
| Fireblocks | $8B | $1.04B | 7 |
| AlphaSense | $2B | $1.42B | 12 |
| Intercom | $13B | $240.75M | 7 |
| TravelPerk | $4B | $664.14M | 12 |
| Rubrik | $6.6B | $554.30M | 12 |
| Armis | $3B | $737.00M | 7 |
| MarkForged | $2.1B | $346.80M | 7 |
| Workato | $6B | $415.00M | 5 |
| Sift | $7B | $156.50M | 8 |
| Looker | $5B | $280.50M | 7 |
| Freshworks | $10B | $484.00M | 9 |
| GitLab | $11B | $413.50M | 7 |
| Zuora | $1.4B | $647.50M | 11 |
| Airtable | $282B | $1.35B | 10 |
| Instructure | $2.8B | $89.10M | 6 |
| Teleport | $3B | $169.20M | 5 |
| ID.me | $14B | $407.25M | 22 |
| Dynatrace | $4.4B | $21.90M | 4 |
| Segment | $12B | $283.93M | 10 |
| Flock Safety | $12B | $380.58M | 7 |
| Automile | $4B | $47.31M | 4 |
| Back | $15B | $3.30M | 2 |
| Sourcefire | $2B | $40.50M | 5 |
| Nowports | $2B | $242.60M | 8 |
| Auth0 | $6B | $332.28M | 10 |
| Salt Security | $1B | $271.00M | 8 |
| CircleCI | $10B | $315.00M | 9 |
| Addepar | $11B | $531.36M | 7 |
| Proofpoint | $0.4B | $885.50M | 7 |
| SnapLogic | $5B | $371.30M | 10 |
| Signifyd | $4B | $409.00M | 7 |
| Transmit Security | $2B | $583.00M | 2 |
| Spendesk | $3B | $311.85M | 6 |
| DocuSign | $4.5B | $536.20M | 20 |
| Lucid Software | $12B | $670.36M | 8 |
| Snyk | $15B | $1.20B | 13 |
| PagerDuty | $1.8B | $523.60M | 8 |
| SAP Concur | $0.2B | $291.75M | 2 |
| Iterable | $2B | $342.20M | 7 |
| Mirakl | $7B | $6.41M | 5 |
| Hubspot | $0.8B | $100.50M | 6 |
| Workhuman | $1B | $131.48M | 4 |
| Nuvemshop | $6B | $628.38M | 11 |
| MindTickle | $1B | $281.30M | 7 |
| GrubMarket | $20B | $499.10M | 8 |
| Outreach | $22B | $489.02M | 13 |
| Salesforce | $1.1B | $65.38M | 7 |
| BazaarVoice | $0.7B | $130.55M | 5 |
| Transfix | $4B | $169.00M | 9 |
| Cloudflare | $4.4B | $332.20M | 7 |
| Fastly | $1.5B | $369.00M | 8 |
| Datadog | $7.8B | $1.02B | 9 |
| Contentful | $6B | $349.60M | 9 |
| Turing | $11B | - | 2 |
| Duo Security | $2B | $121.50M | 7 |
| ShipBob | $6B | $330.50M | 7 |
| InVision | $4B | $356.20M | 10 |
| JumpCloud | $5B | $416.82M | 12 |
| PayFit | $6B | $495.75M | 7 |
| Slice | $1B | $125.00M | 6 |
Growth Trends & Market Impact
Illumio may be growing as evidenced by its strategic hiring and commitment to expanding its partner network. The appointment of a new Senior Vice President of Global Partner Sales and Alliances, who has a history with other major cybersecurity firms, indicates an investment in leadership to drive partner sales and potentially increase market share. Furthermore, the company's focus on zero-trust segmentation, a critical aspect of cybersecurity, suggests that it is strengthening its position in a vital area of the industry. This commitment to its partner ecosystem and leadership enhancement are qualitative indicators that support the notion of growth.
Investment history
| Round number | date | Post-round evaluation | investors |
|---|---|---|---|
| №1 | 23.06.2021 | $225.00 million dollars |
Thoma Bravo |
| №2 | 07.02.2019 | $65.00 million dollars |
J.P. Morgan Asset Management |
| №3 | 07.06.2017 | $125.00 million dollars |
J.P. Morgan Asset Management |
| №4 | 14.04.2015 | $100.00 million dollars |
Accel BlackRock |
| №5 | 20.09.2013 | $34.50 million dollars |
General Catalyst |
| №6 | 14.01.2013 | $8.00 million dollars |
Andreessen Horowitz |