Qualys Raises $90M in Series D

Qualys has successfully raised $90M in a Series D at a $1B valuation led by Accel Partners, Sequoia Capital.

Company Overview

Qualys is a Cybersecurity company headquartered in Foster City, CA, founded in 1999 with 1500+ employees.

Cloud security and compliance

Fundraising Details

• Amount Raised: $90M
• Round Type: Series D
• Valuation: $1B
• Date: 2024-09-01
• Investors: Accel Partners, Sequoia Capital

About Qualys

Cloud security and compliance The company is positioned in the Cybersecurity sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: Foster City, CA
• Founded: 1999
• Team Size: 1500+
• Industry: Cybersecurity

What This Means

This funding round demonstrates strong investor confidence in Qualys's vision and execution. The capital will likely be used to:

• Scale Operations: Expand the team and operational capacity
• Product Development: Enhance existing products and develop new features
• Market Expansion: Enter new markets and strengthen presence in existing ones
• Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Cybersecurity sector continues to attract significant investment as companies innovate to meet evolving market demands. Qualys's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $1B valuation marks an important milestone for Qualys, positioning the company among notable players in the Cybersecurity industry.

Looking Ahead

With this new capital, Qualys is well-positioned to execute on its growth strategy and continue building innovative solutions in the Cybersecurity space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-09-01. For more information about Qualys, visit their headquarters at Foster City, CA.