LONDON -- ScanSafe, the pioneer and leading provider of Web Security-as-a-Service, today announced that it has secured $15 million in Series B financing led by Scale Venture Partners, formerly BA Venture Partners (BAVP).
ScanSafe also announced that Rory ODriscoll, managing director with Scale Venture Partners, has joined the board. Benchmark Capital, an early investor in ScanSafe, also participated in the Series B round. The new financing will be used to speed up ScanSafes global expansion as well as accelerate the companys research and development efforts.
This funding will help ScanSafe accelerate its dominance of the Web Security-as-a-Software market, building out on our vision of keeping security simple. We currently process more than 6 billion Web requests and block more than 12 million Web threats each month for customers around the world and recently introduced SearchAhead, the industrys first early warning system for safe Web searches, said Roy Tuvey, president, ScanSafe. This new funding will enable us to continue to build on this track record of industry firsts, deliver innovative Web security technology, support our partners and continue our rapid growth. We look forward to Rorys involvement. He has a great deal of expertise with the Software-as-a-Service business model and experience in the development of rapid growth companies.