Illumio goes to the well for $105 million more in venture funding

Investors in Illumio are tripling down, with existing and new investors tossing another $ 105 million at the data-center/cloud security company that will be used to extend research and development, open new offices and broaden its customer base.

That brings its venture funding to $ 142.5 million, and the company plans to double its employees in 12 months from about 95 today, says the company’s Chief Commercial Office Alan Cohen.

That’s quite a bundle for a two-year-old company in the crowded network security arena where its Adaptive Security Platform (ASP) imposes policies on virtual and hardware servers, workloads and now even processes.

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Network World Tim Greene