Attivo Networks®, the leader in deception solutions for cybersecurity defense, today announced a strategic investment by Singtel Innov8, the venture capital arm of the Singtel Group - Asia's leading communication group. The funding will be used to accelerate expansion into Asia Pacific markets with increased investment in sales, marketing and customer support operations in support of growing global deception technology customer base. Singtel Innov8 joins current investors Bain Capital Ventures, Omidyar Technology Ventures and Trident Capital Cybersecurity, who have collectively provided $47.5 million in funding to Attivo Networks.
"Singtel Innov8’s investment opens up new market opportunities for Attivo Networks and aligns the company for aggressive international growth," said Tushar Kothari, CEO, Attivo Networks. “There is clear pent-up demand in the Asia Pacific region and worldwide for advanced threat detection and response solutions by organizations requiring a new model for cyber resilience. This funding and access to Asia Pacific Markets will be instrumental in further expanding the Attivo Networks customer base and in supporting the needs of global customers.” “Attivo has demonstrated technology leadership in the emerging deception space with a sophisticated platform and marquee customers,” said Punit Chiniwalla, Senior Director, Singtel Innov8. “We're excited about the opportunity to support Attivo Networks and their incredible team as they expand on their successes globally.”