Keith Alexander’s cybersecurity company scores huge $78M investment

A Maryland-based cybersecurity startup led by former NSA chief Keith Alexander has scored another big investment. IronNet Cybersecurity announced a $78 million Series B raise Thursday, adding to the $32 million it already pulled in 2015. The funding primarily comes from a group of blue-chip venture capital firms. Return investors Kleiner, Perkins, Caufield and Byers (KPCB) and ForgePoint Capital, previously named Trident Capital. In prepared remarks, company executives said that the fresh funding would be used to hire talent, refine products and expand services. IronNet employs a cadre of former U.S. intelligence and law enforcement officials, including a former NSA general counsel and the former director of operations for U.S. Cyber Command. Thursday’s news was accompanied by the first public description of IronNet’s recently released threat intelligence sharing platform, dubbed “IronDome.” The program is designed to help shared, industry-specific customers exchange data about active cyberthreats in a closed, decentralized pool […]

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