Existing investors Trident Capital and Adara Venture Partners also participated in the current funding round. Earlier this year, the two firms pumped $8 million in financing into AlienVault.
As a result of the current financing round, KPCB managing partner Ted Schlein will join AlienVault's board of directors, and Sigma managing director Bob Spinner will participate as a board observer. Other AlienVault board members include J. Alberto Yepez of Trident Capital (chairman), retired General Peter Pace, Fortinet CFO Kenneth Goldman, former Fortify Software CEO John M. Jack, as well as investor Alberto Gomez of Adara Venture Partners, AlienVault President and CEO Barmak Meftah, co-founder Julio Casal, and board observers Mike Biggee of Trident Capital and AlienVault co-founder Dominique Karg.
AlienVault more than doubled its revenue in the first half of this year compared to the same period last year. The SIEM provider has over 300 customers, adding over 60 net new customers in the first half of the year. New customers include software, financial services, higher education, telecommunications organizations, state and local government, and insurance firms.
Earlier this year, AlienVault launched its Open Threat Exchange, a cloud-based threat intelligence sharing system.