Newly renamed Carbon Black adds another $13.7M from investors

Cybersecurity Illo

One of the Boston area’s best-known cybersecurity startups has collected another slug of venture investment cash after completing a corporate name change.

Waltham-based Carbon Black, formerly known as Bit9, added about $13.7 million to a fundraising round that was originally closed at $54.5 million in October. That brings the company’s total private investment to nearly $189 million since it was founded in 2002.

Carbon Black, which sells software that monitors “endpoints” like computers and smartphones for security breaches, recorded sales of more than $70 million in 2015, a yearly increase of “at least 70 percent,” spokesman Kevin Flanagan said.

Carbon Black said its new investment came from existing investors and one new backer, which it declined to name. Previous investors included Boston-area firms .406 Ventures, Accomplice, and Highland Capital Partners, and Silicon Valley firms Kleiner Perkins Caufield & Byers and Sequoia Capital.

Investors have touted Carbon Black as a potential IPO candidate, and cybersecurity companies have become increasingly popular with investors following a flurry of high-profile hacking episodes, such as the theft of millions of personnel records from a federal agency.

The market for tech IPOs has been stagnant, however, with just one Boston-area company — cybersecurity software seller Rapid7 — making its public-market debut last year.