HomeBusinessBoston-based iboss raised $145M led by Night Dragon and Francisco Partners

Related Posts

Featured Artist



Alan loves to write about various topics on the latest trends.

Boston-based iboss raised $145M led by Night Dragon and Francisco Partners

There is no denying the fact that digitization is leading to a world where data is becoming the most valued element. No matter what you look, it is the data that you will need to know and needs to be protected. Hence you will need to know a few ways to protect it. Well, be that as it may, you never protect yourself if you don’t have the support of a company. Very reason on Tuesday, Boston-based cybersecurity company iboss declared that they raised $145 million at a funding round led by Night Dragon and Francisco Partners.

It is a fact that the nature of how the internet is used has changed in the recent climate. Now is the time when cybersecurity has become one of the essential parts of daily activity. This is because people store a lot of personal data on the cloud. This leaves a lot of loopholes in the data science market.

The very reason iboss has built a security system that has the ballistic capability to build protection in the cloud. The platform performs by employing a secure access service edge model in which the users connect to the cloud-based data. That is the way the platform can secure and defend the attacks.

The iboss platform efficiently replaced the need for security hardware that effectively protects the network. Other than that, the web network proxies and other network tools create a firewall. It is true that a lot of fallacies of cybersecurity have been exposed during the Covid period. The CEO of iboss, Paul Martin, says that implementing modern architecture in the network is the new way to provide protection against the system. This ensures safety in online meetings and other productivity applications.

Covid has promoted the act of working remotely. Also, it is also something that is promoting people to work online, which has especially increased the need for iboss services. More than 4000 companies already use the iboss platform; the profit will be further used to grow the company for their huge demand.

You need to know that the start-up is now hiring for dozens of roles in the Boston area. Other than that, they are recruiting several employees for other posts in other cities in order to expand their services to meet their growing demand.

Latest Posts