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There’s a new buyer on the security tech block with Armor’s $89 million new round

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Security technology services provider Armor is getting ready to do some shopping for new technology thanks to $89 million in fresh funding. The company,..
Security technology services provider Armor is getting ready to do some shopping for new technology thanks to $89 million in fresh funding.
The company, which was majority owned by the private equity firm The Stephens Group , now counts SST Telemedia, a large telecommunications investor, as a co-owner.
The Dallas-based company counts 1,200 customers using its managed internet security services in 40 countries.
The company said it will use the funding to ramp up its sales and marketing efforts, and its research and development initiatives.

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