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Tenable Network Security raises USD250m in series B funding round

Tenable Network Security has raised USD250 million in a series B funding round led by Insight Venture Partners and Accel.

The investment, which is subject to customary closing adjustments, marks one of the largest fundraising rounds completed for a private security company and is expected to accelerate Tenable’s long-term global growth. Today’s funding marks USD300 million in capital raised to-date, following Accel’s USD50 million Series A investment in September 2012.

“Tenable has the only true continuous network monitoring offering on the market and our products defend some of the world’s largest and most complex networks, keeping our customers secure in the harshest of threat environments,” says Ron Gula, CEO of Tenable. “We are proud to partner with Insight and Accel who, with their investment and deep expertise in technology and security, will enable us to further accelerate our global growth and innovation.”

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