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BlueTalon closes USD16m Series A financing led by Maverick Ventures

BlueTalon has closed a USD16 million Series A financing round led by Maverick Ventures, with participation from new investor Arsenal Venture Partners and existing investors Signia Venture Partners, Data Collective, Divergent Ventures, Bloomberg Beta and Stanford-StartX Fund.

The new funding will be used for continued expansion of BlueTalon’s development and sales teams to address the increasing demand for BlueTalon’s data-centric security solutions.
 
Matthew Kinsella, managing director at Maverick Ventures, has joined the BlueTalon board of directors.
 
To date, BlueTalon has raised over USD25 million in funding.    
 
By unifying security policies across multiple data platforms, BlueTalon enables organisations to enforce consistent data access controls on increasingly complex data infrastructures. BlueTalon enables businesses to monitor all data activities.
 
Kinsella says: “We are tremendously impressed by BlueTalon’s customer traction – their customers are some of the toughest and savviest big data players, and have indicated they are doubling down on BlueTalon to secure their new data initiatives. At a time when many organizations feel overwhelmed by data breaches, cybercrime, and ever tightening regulations, BlueTalon brings a ground-breaking approach to data security. We look forward to being part of this new wave of data-centric security solutions.”
 
Jason Rottenberg, managing partner, Arsenal Venture Partners, says: "We are continuously evaluating the security market and the growing demand of enterprises and government agencies for better data protection. Today’s data initiatives have amplified the need for a different approach. We are delighted to be part of BlueTalon’s next phase of growth as the company leads the way in data-centric security.”
 
Eric Tilenius, CEO of BlueTalon, adds: “As organisations continue to embrace new digital initiatives, blind spots at the data layer are creating new security and compliance risks for businesses. We’re very excited to work with such respected venture capital firms to keep expanding the breadth and depth of our solution while we aggressively develop our go-to-market activities.”

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