/ News / Security startup RedSocks secures a 3 million euro investment

Security startup RedSocks secures a 3 million euro investment

Malware detection startup RedSocks announced on Thursday it has received an investment of  3 million euro’s from a group of undisclosed investors.

The investment will be used to expand internationally and is the fourth round of investments since the start of the company in 2012. “We hope to announce new international partnerships in the coming months”, says co-founder Pim Cornelissen.

RedSocks from The Hague delivers a ‘malware threat defender’ to enable users to detect malware in a network. “Over the last few years the growth of malware has continued unabated, with sophisticated variants compromising the integrity of enterprises the world over”, the companies says on their website.

Our clients and investors acknowledge that fact that we have a scalable product that is of international relevance”, says Cornelissen. “Therefore we want to expand quickly.”

 

Photo provided by RedSocks

Suzanne Blotenburg
Tweets @SuusNL - Journalist & writer in the fields of business and economics. Co-editor-in-chief @StartupJuncture. Likes to write about #Startups #Entrepreneurship #Policy #Innovation #Newconomy

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