Prolexic Technologies announced it had raised US$30 million in its Series C funding round.  The latest funding round was led by new investors Intel Capital and Trident Capital. Prolexic's current shareholders include Camden Partners, Medina Capital, and Kennet Partners.

Prolexic Technologies is the global leader in Distributed Denial of Service (DDoS) protection services. Prolexic provides network intrusion prevention systems that block complex network denial of service and DDoS attacks that often overwhelm other vendors.

"For the past two years, I have seen companies and government agencies around the world repeatedly select Prolexic for DDoS protection, cementing the firm's position as market leader. I'm excited to continue working with Prolexic management and providing Trident's IT security expertise to help Prolexic continue its rapid expansion," Managing Director of Trident Capital, Gustavo Alberelli, said. Under certain conditions of the Series C investment, Mr. Alberelli will now join Prolexic's Board of Directors.

This latest round of financing follows Prolexic's report that its annual revenues have increased 65%.

"We are pleased to partner with seasoned security investors like Trident Capital and Intel Capital. With this additional funding, we will be able to accelerate a number of strategic initiatives as we continue to expand our portfolio of cloud-based products and industry-leading DDoS protection services," chief executive officer of Prolexic, Scott Hammack, said.