Telus tackles cyber threats with Zenedge partnership

VANCOUVER – Telus is investing in California-based cybersecurity firm Zenedge in an effort to enhance cloud-based cybersecurity services for its business customers.Telus Ventures, the strategic venture investment arm of Telus, said Thursday that it is participating in a $4.0 million Series B investment round, which follows Zenedge's $3.5 million round last year, bringing total venture funds raised by the company to $7.5 million.Zenedge specializes in web application firewall and DDoS (distributed denial-of-service) mitigation for web applications, networks, and domain name servers. This investment will allow the company to add new DDoS mitigation centers in Toronto and Amsterdam, expanding its Canadian...