Ann Arbor, Michigan – Blumira, a leading provider of easy and effective security solutions for small and medium-sized businesses (SMBs) and mid-market companies, announced today the successful completion of its Series B funding round. The company has raised an impressive $150 million in funding, solidifying its position as a key player in the computer and network security industry.

The funding round was led by Ten Eleven Ventures, a prominent venture capital firm specializing in cybersecurity investments. Joining as co-investors are Mercury(US), RPS Ventures, and HPA, all recognized entities known for their strategic investments in cutting-edge technologies.

Blumira's mission is to simplify and enhance the cybersecurity landscape for SMBs and mid-market companies. With the increasing complexity and frequency of cyber threats, businesses of all sizes face significant challenges in detecting and responding to potential breaches and ransomware attacks. Blumira's innovative platform empowers organizations by providing them with the necessary tools and insights to proactively identify and neutralize cybersecurity threats swiftly.

"Our Series B funding marks a significant milestone for Blumira as we continue to revolutionize the way SMBs and mid-market companies approach cybersecurity," said Jim Simpson, Founder of Blumira. "We are grateful for the support and trust placed in us by our investors. This funding will enable us to further strengthen our platform, expand our reach, and provide our customers with even greater protection against evolving cyber threats."