VMRay Closes $10 Million Series B Round – Led by Yttrium

VMRay, a provider of automated malware analysis and detection solutions, today announced that it has closed its Series B round of funding in the amount of $10 million (€9 million) led by Yttrium, one of the leading technology growth equity firms in Europe, and supplemented eCAPITAL, an early investor. This brings the total amount raised by the company to approximately €12 million following previous funding rounds led by eCapital and High-Tech Gruenderfonds. The company will use the new funding to expand its marketing program to reach new vertical markets, bolster its engineering team to enhance its platform capabilities, and better support its’ MSSP and VAR partners through an expanded channel program.

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VMRay Press Release