The Addison, TX-based company offers a SaaS-based, multi-tenant security analytics, operations and response platform that provides visibility and advanced detection and response.

According to Securonix, the massive funding will allow it to make significant investments in talent acquisition across engineering, cloud operations, threats labs, and sales and marketing.

“We solve a very tough problem that requires excellence across multiple domains, including product engineering, threat detection/hunting, data science, and operations. This funding will help us accelerate investments in these areas and continue to provide a world-class service to our customers,” said Sachin Nayyar, CEO and co-founder, Securonix.