Silicon Valley entrant Dtex Systems lands $15M to stop insider data leaks

Gigaom

It’s not everyday that a 15-year old company grabs a series A funding round. However, in the case of Dtex Systems, which plans to announce Wednesday that it took in a $15 million one, it makes sense. The company — formerly based in Australia and now in San Jose — will be needing that capital and an investment team to grow in the U.S. enterprise security market, explained Dtex Systems CEO Mohan Koo in an interview.

Dtex Systems hawks a security tool that can be installed in a company’s data centers. Most of its clients are on-premise, but Dtex can also be used for the cloud, Koo said. The tool contains a centralized management plane that distributes software-based micro agents throughout the network that record all user activity in its system.

Once the software agents log all that user-activity data, organizations should have a full audit trail on what every…

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