Secure enterprise browser player Talon Cyber Security has raised $100m in series A funding to help increase its market reach.
The raise was led by Evolution Equity Partners, with participation from Ballistic Ventures, CrowdStrike’s Falcon Fund, Merlin Ventures and SYN Ventures. Previous investors CrowdStrike co-founder and CEO George Kurtz, Lightspeed Venture Partners, Sorenson Ventures and Team8 also took part.
The funds will be used to “accelerate” go-to-market efforts to meet “increasing global demand” for Talon’s secure enterprise browser, TalonWork.
As organisations have embraced distributed work for employees and contractors, the reliance on SaaS applications has risen, and security needs have “evolved drastically”, says Talon. The traditional ways of enabling secure access to enterprise applications are “complex, expensive and put organisations at risk”, it adds.
The TalonWork browser “simplifies security” by allowing secure access to corporate applications and data on any device, managed or unmanaged, and on any operating system. With Talon, security teams benefit from deep visibility into browser and application activity, as well as native security features like authentication, data loss prevention and zero trust controls.
Based on the open source Chromium browser technology – which Google Chrome was developed from - TalonWork delivers a “consistent and familiar” user experience to workers, says the vendor.
Ofer Ben-Noon, co-founder and CEO of Talon Cyber Security, said: “The applications the largest organisations rely on are moving to the web, creating an extensive need for a vehicle that can provide secure access without changing the way work is conducted.
“This new funding will allow us to continue to show why that vehicle is Talon’s secure enterprise browser.”
Richard Seewald, founder and managing partner of Evolution Equity Partners, is joining Talon’s board of directors, following the round.
