Telstra Ventures invests in vArmour and establishes Asia-Pacific partnership for data centre security services

25 May, 2016 – Telstra today announced a
strategic partnership with California-based vArmour, a data centre and cloud
security company that helps organisations visualise and protect their
data. The partnership includes an investment by Telstra Ventures as part
of vArmour’s recent US$41 million Series D funding round.

Mark
Sherman, Managing Director of Telstra Ventures, said the investment was driven
by vAmour’s success in developing a solution that gives organisations
application-layer visibility and control of their network and users to prevent,
detect and respond to cyber-attacks and security breaches.

“Cloud
services and virtualisation drive major cost savings and can improve IT
agility, but they also bring new security challenges that traditional
hardware-centric security models alone cannot address.  Today, around 80%
of data centre traffic travels within the centre itself, not crossing the
traditional perimeter, creating an new dynamic and set of challenges,” said Mr
Sherman.

“vArmour
provides hundreds of organisations globally, include major banks, government
agencies and healthcare providers, with security controls via standard APIs and
a visibility engine. These controls can stop the internal spread of threats by
enforcing micro-segmentation and tailored security policies across multiple
locations and services.”

Keith Stewart, vArmour’s Vice President of
Strategic Markets, said the recent investment by Telstra and others in their
latest funding round would support the company’s global expansion, while
the partnership with Telstra would accelerate the distribution of their
Distributed Security System particularly in Australia and the Asia
Pacific.

“Our model has proven
to be effective, cost efficient and scalable. We can protect up to
100,000 workloads across 1,000 hosts in a single solution. With the costs of cybercrime
estimated to quadruple to US$2 trillion by 2019, we see some great
opportunities to partner with Telstra in delivering ICT solutions to a larger
client base,” said Mr Stewart.

Jeremy Howe, Telstra Director of IP Data and
Security Solutions, said the partnership adds vArmour’s leading security
solutions to Telstra’s portfolio of enterprise services and develops security
consulting and managed services for its customers in the longer term.

“vArmour’s distributed security software addresses
the problem of traffic blindspots inside data centres. This helps
businesses protect themselves from one of the critical emerging threats in
the security environment, in addition to the benefits of having greater
visibility of what is going on with your data,” said Mr Howe.

“We see a growing demand among enterprise customers
for solutions that help them secure their data in a private, public and
hybrid cloud mix. One of the main concerns companies have in embracing
cloud services is data control and security. Our suite of security
services, now to include vArmour’s solutions, helps enterprises capture the
benefits of cloud services and secure their assets.”