Security in the information technology sector has continued to experience significant activity in Spain in recent years following sound operations such as Panda Software or as the presence of S21sec.
Alienvault: €22MM for the development of threat security
After having raised in 2012 $22M Alienvault convinced investors to reinvest another $26M in September 2013. The investors have been the same ones who have put their trust in the company again so they must be doing very well. The company offers a unified security management solution that quickly and cost-effectively provides all the essential security controls built in to address the compliance and threat management needs of budget constrained organisations. It is an open and collaborative initiative among security professionals to connect with peers, and learn about the latest threats and defensive tactics from industry experts and security researchers.
Proton receives €1.1M from Ambar
Prot-On is dedicated to protecting and managing access to all the files that users share on the internet, so that they can decide who, how and when they access them. In 2012, it received a €1.1M investment from Spanish venture capital firm Ambar venture.
Virtualsharp datacentre recovery
VirtualSharp Software develops next-generation disaster recovery solutions for virtual data centres.
"It is a good example of Spanish technology development. The company received a €2M investment from CDTI and US investors. The founders and managers themselves showed their commitment to the project and also participated in the round. Investors always value positively the involvement of managers in the rounds. Finally, the company was sold in April 2013 to the Philadelphia-based company Virtual Phd for an undisclosed amount" analyses Diego Gutierrez, an expert in SME financing, at Abra invest.