Columbia-based cybersecurity firm raises $250M

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Tenable CEO Ron Gula
Tenable CEO Ron Gula

Columbia-based Tenable Network Security closed a $250 million investment round, the cybersecurity company announced Tuesday.

The Series B round was led by Insight Venture Partners and Accel, and brings the company’s total capital raise to $300 million. Accel previously invested $50 million in the company’s 2012 Series A.

Reuters confirms that the round is a record raise in the cybersecurity industry. And it’s a huge deal by Maryland standards, where all companies receiving investment combined to total $144 million in the third quarter of 2015.

Read more at Technical.ly Baltimore

Stephen Babcock

Stephen Babcock is the editor of Technical.ly Baltimore and an editor-at-large of Baltimore Fishbowl.


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