Stream.Security, the innovator in real-time cloud security solutions, has successfully closed a substantial $30m Series B funding round.
This round was led by U.S. Venture Partners, accompanied by contributions from new investor Citi Ventures, and returning investors such as Energy Impact Partners (EIP), Cervin Ventures, TLV Partners, and Glilot Capital Partners VC.
The company specialises in providing advanced security operations with its unique Cloud Twin technology. This system is pivotal in modelling real-time cloud threats and exposures, thereby accelerating the response capabilities of security operations centres. The technology Stream.Security offers enables rapid identification of attack vectors within ever-evolving cloud infrastructures, significantly reducing both false positives and the mean time to respond to threats.
With this new influx of capital, Stream.Security plans to enhance its innovative platform. The funding will be used to further develop their Cloud Twin technology and expand its deployment across global enterprises, strengthening their ability to preemptively tackle cloud security threats.
The necessity for sophisticated cloud security solutions has never been more apparent, as traditional monitoring and alert-based approaches prove inadequate in today’s dynamic cloud environments. Stream.Security’s platform provides a critical alternative by offering a real-time, cloud-native solution that addresses the rapid pace at which threats evolve in the cloud space.
Among the valuable testimonials underscoring the efficacy of Stream.Security’s offerings, Petr Zuzanov, SecOPS Architect at RingCentral, highlighted how the platform has been instrumental in identifying and mitigating previously undetected threats. Similarly, Niv Schlomo, Vice-President of Cloud Operations at Kaltura, praised the platform for its role in accelerating their investigation processes by correlating behavioural anomalies with real-time cloud context.
The company previously raised a total of $25m, bringing their total investment to $55m to date.
“Stream Security offers a unique value proposition by correlating behavioral anomalies with real-time cloud context, accelerating our investigation process,” said Niv Schlomo, Vice-President, Cloud Operations, Kaltura.
“We have invested in many of the top security companies and our diligence has clearly demonstrated the need for a new real-time cloud security solution. We are excited to invest in a fundamentally different and proven solution that helps SecOps teams with a critical alternative to ‘point in time’ cloud security solutions that create exploitable security gaps that cost enterprises millions to investigate and remediate,” Jacques Benkoski, General Partner at U.S. Venture Partners, commented.
“SecOps teams need a cloud solution they can trust, and without the ability to continuously assess and manage threat and exposure in real-time, they are securing the cloud through the rear-view mirror,” concluded Or Shoshani, CEO, Stream.Security.
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