Spring Lake Equity Partners: Illusive Networks raises $24M to accelerate next phase of growth

Illusive Networks announced it has reached significant milestones in customer adoption: growing at a rate of 228% in new annual recurring revenues over 12 months, another funding round, and strategic new hires. The $24 million B1 round of funding had wide participation from new investors alongside existing investors - Spring Lake Equity Partners, Marker, New Enterprise Associates, Bessemer Venture Partners, Innovation Endeavors, Cisco, Microsoft, Citi and others. Ofer Israeli, CEO and founder, Illusive Networks, said: ... More → The post Illusive Networks raises $24M to accelerate next phase of growth appeared first on Help Net Security.