Enrique Salem Board’s Director, Attivo

Attivo Networks, Inc., in threat detection technology, has closed an $8 million series A round led by Bain Capital Ventures.

BOTs, known for automated attacks, and Advanced Persistent Threats (APTs), are infecting clients and servers to steal valuable information in spite of traditional preventative defenses. Attivo provides a new solution that improves the time required to detect BOTs and APTs as they move laterally inside an organization’s network and data center.

Attivo will use this next round of funding to increase its investment in product development and support.

The next phase of the company’s growth will build upon its current traction with marquee customers in the healthcare, banking, and technology sectors.

The Attivo leadership team includes Tushar Kothari, CEO, along with serial entrepreneur Mano Murthy, EVP, and Srikant Vissamsetti SVP of engineering.

Additionally, Attivo announced that Enrique Salem, former president and CEO of Symantec Corporation, has been appointed to Attivo’s board of directors. He will bring a wealth of relevant knowledge and experience to guide Attivo through its next growth phase.

“Attivo’s solution traps BOTs and APTs that bypass an enterprise’s traditional perimeter defenses,” said Salem, MD, Bain Capital Ventures. “Attivo’s technology represents the most elegant solution to a top-of-mind problem for enterprises.”

Salem brings over 25 years of experience working with high-technology corporations in senior leadership roles including 19 years at Symantec. In addition to serving as president and CEO during his tenure at Symantec, Sahelem also served as COO, group president of WW sales and marketing, and president of consumer products among other senior leadership roles with the company. He served as president and CEO of Brightmail prior to it acquisition by Symantec. In March 2011, he was appointed to president Barack Obama’s management advisory board.

“We are excited to have Enrique join Attivo’s board of directors. His IT security market expertise and background in managing high growth companies will be invaluable, and we look forward to his insights and advice,” said Tushar Kothari, CEO, Attivo. “Bain Capital Ventures’ investment is a great validation of our technology and will allow us to continue product development and scale our organization.“