| Company | Ontic |
| Fund Raised | $40 Million |
| Investor | JMI Equity, Felicis Ventures, Ridge Ventures, and Silverton Partners |
| Co-Founder/CEO | Joe Root |
| Website | http://www.linkedin.com/company/permutive |
| Valuation | $600 Million |
Ontic 40M JMI EquityRumage Inaustin
Protective Security Software Company, Ontic raises $40 million led by JMI Equity in series B to make business more secure and safer. JMI Equity joins the board with Felicis Ventures, Ridge Ventures, and Silverton Partners.
CEO Joe said that Ontic saw exponential growth every year with a 264% CAGR. Our R&D team make Ontic smooth and glitch-free to make it easy to use application.
Bob Nye, JMI General Partner said that Ontic have the capability to change the old-school style of security software. After this round, the total funding raised to date is $58 million.
