Cybersecurity Co. Tenable Raises $250M In Venture Capital

Law360, New York (November 10, 2015, 2:03 PM EST) -- Tenable Network Security Inc. on Tuesday said that it had completed a $250 million funding round led by Insight Venture Partners and Accel Partners, as venture capital firms continue showing interest in cybersecurity

Tenable said that the Series B funding round brings its total capital raised up to $300 million, following Accel’s $50 million investment in 2012. The proceeds will be used to help accelerate the company’s growth plans, especially its expansion into 10 new countries, including China, Mexico, Ireland, Sweden, the United Arab Emirates and India, according to a statement announcing the financing.

“We are proud to partner with Insight and...

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