TELUS invests in ZENEDGE to enhance Cloud-based cybersecurity services for business customers
by ZENEDGE, on Nov 19, 2015 7:30:00 AM
Strategic partnership will offer Canadian businesses new tools to combat cyber threats and accelerate ZENEDGE international expansion.
Vancouver, B.C. – TELUS Ventures is investing in ZENEDGE, a California-based provider of Cloud-based web application security and DDoS (distributed denial-of-service) mitigation solutions. TELUS is participating in a $4.0 million Series B investment round, which follows ZENEDGE’s $3.5 million round last year, bringing total venture funds raised by the company to $7.5 million.
This investment will allow ZENEDGE to add new DDoS mitigation centers in Toronto and Amsterdam, expanding its Canadian and European presence. Through this venture investment, TELUS will now offer ZENEDGE cybersecurity solutions to its business customers…
