The data centre and cloud security software provider, which is backed by Telstra and Citi, has increased its funding to $127m altogether.

VArmour, a US-based cloud security software provider backed by telecommunications firm Telstra and financial services firm Citi, raised $44m in its series E round yesterday. Cybersecurity-focused investment firms AllegisCyber¬†and NightDragon co-led the round, which included participation from undisclosed existing backers. Founded in 2011, VArmour has developed cybersecurity software called Conform that is used by organisations…

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