Bromium raises $40 million to fight enterprise cyber attacks

Bromium, the three-year-old U.S. computer security company, announced this morning that it raised $40 million to continue developing and selling its software, which helps businesses fight cyberattacks.

The funds come courtesy of Meritech Capital Partners, Andreessen Horowitz, Ignition Partners, Highland Capital Partners and Intel Capital. The Cupertino, Calif.-based startup has raised almost $76 million to date.

The company's vSentry technology is based on the concept of what it calls "micro-virtualization," which hardware-isolates user tasks at the endpoint in a micro virtual machine. Bromium says the technique is more effective than traditional, detection-based security methods offered by leading corporate antivirus companies, and insists that it can better understand the intent of malware attacks.

"We have doubled revenue each quarter this year and now plan to accelerate our international expansion and strengthen our development team," co-founder and chief executive Gaurav Banga said.

Meritech's Rob Ward will join the Bromium board.