Malwarebytes Raises $50 Million Investment from Fidelity
Malwarebytes, the leading advanced malware prevention and remediation solution, today announced a $50 million Series B funding round from Fidelity Management and Research Company.
Malwarebytes surpassed $100 million in annualized billings in 2015 and achieved its 31st consecutive cash flow positive quarter. Revenues grew by more than 120 percent driven by rapid enterprise expansion. Founded in 2008 by Marcin Kleczynski, the company was bootstrapped until raising a $30 million Series A funding round in July 2014, led by Highland Capital Partners.
“Malware is an epidemic attacking businesses and governments worldwide, as evidenced by recent high profile breaches,” said Marcin Kleczynski, CEO of Malwarebytes. “Of course, it’s an honor to be backed by Fidelity – the same company that has backed disruptive, high-growth privately held technology companies like Uber, Airbnb and SpaceX. Our unique business model has allowed us to attain rapid growth while driving consistent profitability and cash flow. We will continue to hire more talented engineers to help us fight malware and accelerate Malwarebytes’ strategic sales, marketing and future product initiatives in our fast growing enterprise business.”
Malwarebytes protects millions of consumers and tens of thousands of businesses against malicious threats that escape detection by traditional antivirus solutions. In 2015, Malwarebytes software ran on 250 million unique endpoints worldwide.
Learn more about Malwarebytes’ leading enterprise security solutions
Read the latest Malwarebytes growth announcement
V3 recently announced Marcin Kleczynski as their ‘Technology Hero of the Year’
Independent testing laboratory AV-TEST gave Malwarebytes Anti-Malware the only perfect score for malware removal and damage repair
Malwarebytes Anti-Exploit was recognized as a Finalist in the Best Vulnerability Management Category in the SC Magazine Awards
CNET editors said Malwarebytes Anti-Malware is “Outstanding” and gave it 4.5 stars out of 5. CNET also ranks the software #1 in its Anti-Spyware category.
PC Magazine made Malwarebytes Anti-Malware their Editor’s Choice and gave it 4.5 out of 5 stars
According to OPSWAT, Malwarebytes Anti-Malware is the most popular security product installed by users
Fidelity is a global investment management firm based in Boston with $2 trillion USD in assets under management.