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Ionic Secures Almost $10 million in Funding & Plans for 50 New Jobs

April 25, 2013 11:51am (EDT)
Ionic Security Promises New Level of Digital Protection
Ionic Security Promises New Level of Digital Protection

Atlanta-based Internet Security firm, Ionic, has just closed a round of fundraising that resulted in almost $10 million of new investment.

According to a company news release, The capital will be used to expand Ionic's engineering team, accelerate enterprise sales and increase awareness of its Fusion platform. Ionic Security also announced that Ted Schlein , general partner at KPCB, and Tom Noonan , partner at TechOperators, will join the board of directors.

"Enterprises want to take advantage of the reduced costs and increased usability of cloud and mobile applications, but hesitate due to security concerns," said Steve Abbott , Ionic Security CEO. "Our Fusion platform provides the security controls executives need to approve cloud migrations, especially in regulated environments. Customers see lower costs, higher employee satisfaction and increased security."

Founded in 2011, Ionic Security (formerly Social Fortress) combines identity and access management, data-centric policy enforcement and comprehensive usage auditing to provide enterprises with an unprecedented level of control of their data without the need for, or use of, gateways. Administrating Ionic Security's Fusion platform is done through simple dashboards, tablet-oriented UI and a powerful correlation and policy engine while end-users see no change to their workflows.

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