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Fidelis Looks to Grow Cyber-Security Platform With New Funding

September 18, 2018 / Sean Michael Kerner

Fidelis Cybersecurity announced on Sept. 18 that it has raised $25 million in a new round of funding to help grow the company's platform, which provides multiple capabilities for network and endpoint security. This has been a busy year for Fidelis as the company has expanded its core Elevate Platform with multiple new features, including deception as well as a managed detection service. The company also named a new CEO in April, bringing on board Nick Lantuh, who is well-known in the security industry for his work as the founder and president of Netwitness, which EMC's RSA security division acquired in 2011.