Illumio

Valuation $22B

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 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.
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.
Funding Rounds 6
Number of Lead Investors 6
Total Funding Amount  $557.50 million dollars
Number of Investors 26

Related Angels

Frederic Court
View profile
Michael Chalfen
View profile
Jordan French
View profile
John Thompson
View profile
Thomas Glocer
View profile
Chih-Yuan Yang
View profile
Marc Benioff
View profile