Fenwick & West represented Illumio, the developer of a cybersecurity platform that stops cyber threats by controlling the lateral movement of unauthorized communications through its breakthrough adaptive segmentation technology, in its $125 million Series D financing. Clients advised by J.P. Morgan Asset Management led the latest round with participation from existing investors including Andreessen Horowitz, General Catalyst, 8VC, Accel and Data Collective (DCVC). New and other existing investors also participated.
The company will use the funds to invest in significant global expansion of field sales, marketing and customer support, as well as continued product R&D. More information about Illumio’s $125 million Series D financing can be obtained from the company press release.