Startup CipherCloud will use fresh funding from Andreessen Horowitz, Index Ventures and T-Systems to beef up sales and marketing and its global presence, says CEO and founder Pravin Kothari.
Sumo Logic emerged from the shadows on Tuesday with $15 million in Series B funding from Sutter Hill Ventures, Greylock Partners and Shlomo Kramer, bringing its VC take to $20.5 million since April 2010. The company aims to help businesses monitor and protect their cloud infrastructure.
Hewlett-Packard has agreed to buy security software maker ArcSightfor $1.5 billion in cash, as the computer giant tries to expand the range of services it offers corporate clients. ArcSight’s software is used by companies and governments to track and identify suspicious activity on corporate networks.