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Cyber Security Firm Securonix Raises $29 Mn From Volition Capital, Eight Roads Ventures

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Cyber security firm Securonix has raised $29 Mn Series A funding. The funding round was led by Volition Capital. Eight Roads Ventures also participated in the round. With this investment, Roger Hurwitz of Volition Capital will be joining the Securonix Board of Directors.

Securonix will use the funds to accelerate growth and leadership in the user behaviour analytics, next-gen security information & event management (SIEM), and log management market spaces. The recently raised funds will also be used to extend its investment in technology innovation and expansion in domestic and global markets.

“Securonix has the foundation, vision, and management team to lead the security analytics market,” said Roger Hurwitz, Managing Partner of Volition Capital. He further added, “Securonix’s SNYPR Security........

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