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FOR RELEASE APRIL 16, 2015
Attivo Networks Raises $8M in a Series A Round Led by Bain Capital Ventures
Bain Capital Venture’s Managing Director, Enrique Salem, Joins the Attivo Networks Board
Fremont, CA – April 16, 2015 – Attivo Networks®, an innovator in advanced threat detection technology, today
announced that it has closed an $8M Series A round led by Bain Capital Ventures. BOTs, known for automated
attacks, and Advanced Persistent Threats (APTs), are infecting clients and servers to steal valuable information
in spite of traditional preventative defenses. Attivo provides a new, advanced solution that dramatically
improves the time required to detect BOTs and APTs as they move laterally inside an organization’s network
and data center. Attivo will use this next round of funding to increase its investment in product development
and support. The next phase of the company’s growth will build upon its current traction with marquee
customers in the healthcare, banking, and technology sectors.
The Attivo leadership team includes Tushar Kothari, CEO, along with serial entrepreneur Mano Murthy, Executive
VP, and Srikant Vissamsetti SVP of Engineering.
Additionally, Attivo announced that Enrique Salem, former President and CEO of Symantec Corporation, has
been appointed to Attivo’s board of directors. Salem will bring a wealth of relevant knowledge and experience
to guide Attivo through its next growth phase.
“Attivo’s solution traps BOTs and APTs that bypass an enterprise’s traditional perimeter defenses,” said Enrique
Salem, Managing Director of Bain Capital Ventures. “Attivo’s technology represents the most elegant solution
to a top-of-mind problem for enterprises.”
Salem brings over 25 years of experience working with high-technology corporations in senior leadership roles
including 19 years at Symantec. In addition to serving as president and CEO during his tenure at Symantec,
Salem also served as COO, Group President of worldwide sales and marketing, and President of consumer
products among other senior leadership roles with the company. Salem served as president and CEO of
Brightmail prior to its successful acquisition by Symantec. In March 2011, Salem was appointed to President
Barack Obama’s Management Advisory Board.
“We are excited to have Enrique join Attivo’s board of directors. His IT security market expertise and
background in managing high growth companies will be invaluable, and we look forward to his insights and
advice,” said Tushar Kothari, CEO of Attivo Networks. “Bain Capital Ventures’ investment is a great validation of
our technology and will allow us to continue product development and scale our organization.”
About Attivo Networks
Attivo Networks provides a BOTs and advanced persistent threats (APTs) detection solution for corporate and
data center networks. The solution is uniquely capable of quickly and effectively uncovering BOTs and APTs,
leveraging honeynet technology in conjunction with its patented techniques to lure the BOTs/APTs. For more
information, please visit www.attivonetworks.com.
About Bain Capital Ventures
Bain Capital Ventures (BCV) invests from seed-stage through growth equity in companies focused on enterprise
technology, with a deep focus on infrastructure software and security analytics. With offices in the Bay Area,
Boston, and New York City, BCV is the venture capital affiliate of Bain Capital, a global alternative assets
platform with approximately $80 billion in assets under management. For more information, please visit
www.baincapitalventures.com or follow us at @BainCapVC.