Securonix Raises $29M For Big Data Security

Los Angeles-, Redwood City-and Addison, Texas-based Securonix, a developer of big-data focused, security information and event management (SIEM) tools for the cybersecurity market, recently raised $29M in a funding round. The Series A funding came from Volition Capital and Eight Roads. Volition Capital led the round, with Roger Hurwitz of Volition joining the company's board as part of the funding. Securonix runs its administration offices out of Los Angeles, sales and marketing in Redwood City, and other operations in Addison, Texas.