Operant, a CyberTech company looking to protect cloud native applications, has reportedly raised $3m in its seed funding round.
The investment was led by Felicis and follows a $500,000 pre-seed funding round, according to a report from TechCrunch.
Operant CEO and co-founder Vrajesh Bhavsar claims Operant is the first runtime application protection platform, which means it can prevent lateral attacks and data breaches by securing cloud native applications from the inside out.
Its platform empowers security teams to create guardrails for runtime applications as they are developed.
Bhavsar told TechCrunch, “Operant customers can install Operant within their dev staging and production Kubernetes environments, and we start learning about their application interactions, service-to-service interactions, API interactions, as well as data flows at runtime, so when they are running live in the production environments.
“And then we are able to apply those learnings back into the dev staging environments, as well to start protecting the applications and the API’s from the get-go.”
Having launched in 2020, the company currently has a team of six, but hopes to double this number by the end of the year.
Operant offers a runtime application protection platform that shields applications with fine-grained enforcements across every interaction and cloud.
Clients can identify and prioritise risks across all application layers, get insights and view the entire application stack across any cloud of cluster in dev. Other features include runtime enforcement, vulnerability scanning for APIs, dynamic microsegmentation, policy-as-code, and more.
In other CyberTech news, AaDya Security raised $5m for its Series A round, which was led by New York-based Left Lane Capital. AaDya’s flagship product Judy is an all-in-one cybersecurity solution that was designed for the needs of small and midsize business customers and the service providers that support them.
Keep up with all the latest RegTech news here.
Copyright © 2023 RegTech Analyst
Copyright © 2018 RegTech Analyst
