Venture Capital News: Nyotron Inks $10M
2018-10-11
SANTA CLARA, CA, Nyotron, a cybersecurity firm, has secured $10 million in funding.
Nyotron, a provider of the industry's first OS-Centric Positive Security solution to strengthen endpoint protection, today announced that the company has entered into a strategic partnership agreement with Ingram Micro to help it accelerate its global presence - particularly in the United States - and build its global channel ecosystem.
The partnership, which includes a $10 million investment from Ingram Micro, expands on an existing relationship between Nyotron and Ingram Micro, which began earlier this year when the companies entered into a distribution agreement, whereby Nyotron's security solution was offered on the Ingram Micro Cloud Marketplace. This partnership is the latest example of Ingram Micro's ongoing strategy to help ISVs of all stages commercialize their intellectual property, expand their global reach and diversify their revenue.
"Throughout our partnership with Ingram Micro, we've seen their teams offer tremendous opportunities to both channel partners and software vendors across the globe," said Sagit Manor, CEO of Nyotron. "This strategic partnership is a validation of the vision both companies had, and will allow Nyotron to boost our US presence, build out our channel program, and further bolster our sales and marketing efforts in order to increase security posture around the globe. We are proud to expand our relationship with a well-respected industry leader such as Ingram Micro."
Nyotron's leading security solution, PARANOID, is available today on the Ingram Micro Cloud Marketplace, and enables channel partners to offer unique endpoint protection without competitive overlap with other endpoint solutions. Additionally, partners and MSPs can offer high-touch security services to their end-customers, all built on game-changing OS-Centric Positive Security. This threat-agnostic technology acts as the final layer of protection, mitigating risks of zero day attacks and evasive threats.
"We continue to be impressed by Nyotron's technology and vision; and see this partnership as an important element of our strategy to grow our ISV ecosystem," said Nimesh Dave, Ingram Micro Executive Vice President, Global Cloud. "We are committed to a long-term partnership with Nyotron to help them expand their reach and broaden their market position. We look forward to supporting further innovation from Nyotron."
For more information, visit https://www.nyotron.com/ingram/.
About Nyotron:
Nyotron provides the industry's first OS-Centric Positive Security to strengthen laptop, desktop, and server protection. By mapping legitimate operating system behavior, Nyotron's PARANOID understands all the normative ways that may lead to damage, such as file deletion, data exfiltration, encryption, and more. Focusing on these finite "good" actions allows PARANOID to be completely agnostic to threats and attack vectors. PARANOID works seamlessly with antivirus and next-generation antivirus solutions to provide the last line of defense from modern state-level attacks. Nyotron (www.nyotron.com) is headquartered in Santa Clara, CA with an R&D office in Israel.
About Ingram Micro Inc.
Ingram Micro helps businesses Realize the Promise of Technology. It delivers a full spectrum of global technology and supply chain services to businesses around the world. Deep expertise in technology solutions, mobility, cloud, and supply chain solutions enables its business partners to operate efficiently and successfully in the markets they serve. Unrivaled agility, deep market insights and the trust and dependability that come from decades of proven relationships, set Ingram Micro apart and ahead. More at www.ingrammicro.com.
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