FINANCING TO ACCELERATE PENETRATION IN ENTERPRISE AND FEDERAL MARKETS
SAN FRANCISCO, Calif. – September 21, 2017 – Bastille, the leader in enterprise threat detection through software-defined radio, has raised $27M in its latest round of funding. The Series B funding round came from Bessemer Venture Partners, Spinnaker VC, Comcast, Keel Funds, Ballentine Partners, and individual investors. The Series B brings Bastille’s funding total to date to $40M.
“With billions of RF and IoT connected devices already in use, enterprises face a massive security challenge from the Internet of Radios,” said Chris Risley, CEO, Bastille Networks. “This endorsement from the investment community speaks to the need for our unique solution to help protect enterprise and federal customers from these radio-borne security threats.”
Bastille is the first company to offer a complete security solution for the Internet of Radios. The company helps enterprise security teams protect corporate airspace by scanning the entire radio frequency (RF) spectrum, gaining visibility into devices that operate on more than 100 distinct protocols and allowing for a preemptive response.
Bastille’s successful funding round continues to build momentum for the emerging startup. World-renowned for its MouseJack and KeySniffer discoveries, Bastille was recently awarded a contract to provide Internet of Radios security for the U.S. Department of Homeland Security. Bastille has received numerous industry awards including a Red Herring Top 100 North America Award and a Gartner “Cool Vendor” in Cloud and Emerging Technology Security, among others.
Launched in 2014, Bastille is the leader in enterprise threat detection through software-defined radio. Bastille provides full visibility into the known and unknown mobile, wireless and Internet of Things devices inside an enterprise’s corporate airspace–together known as the Internet of Radios. Through its patented software-defined radio and machine learning technology, Bastille senses, identifies and localizes threats, providing security teams the ability to accurately quantify risk and mitigate airborne threats that could pose a danger to network infrastructure. For more information, visit www.bastille.net and follow them on Twitter @bastillenet and LinkedIn.