Zero Trust Startup Illumio Raises $225M To Protect Multicloud And Edge

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Datacenter and cloud security company Illumio today announced it has raised $225 million in a series F funding round led by Thoma Bravo, with Franklin Templeton, Hamilton Lane, and Blue Owl Capital also investing in the developer of zero trust security software. Illumio’s latest funding round sets the company’s valuation at $2.8 billion. Illumio, headquartered in Sunnyvale, California, plans to spend its newfound riches in two main areas, go-to-market activities, and product innovation, CEO and cofounder Andrew Rubin told VentureBeat on Wednesday.

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