TELUS Ventures joins Zenedge's $4 million Series B financing

TELUS Ventures, the venture investment arm of TELUS Corp (TSX: T), has made a strategic investment in Zenedge, a provider of cloud-based cybersecurity solutions to businesses. TELUS invested via the company's US$4 million Series B financing. Other backers of the round were not disclosed. Zenedge, which is headquartered in Los Angeles, said the round's proceeds will allow it of add mitigation centres in Toronto and Amsterdam. Additionally, TELUS plans to offer Zenedge solutions to its own customers. Kenneth Haertling, vice president and chief security officer of TELUS, will join the company's board of directors.

19 November 2015•3 mins read
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