Spyderbat, a cloud native runtime security company, has raised $10m in Series A funding.
The round was led by NTTVC with participation from LiveOak Venture Partners, Benhamou Global Ventures and John McHale.
Spyderbat delivers cloud native runtime security to customers, with what it describes as “unprecedented precision in intrusion prevention and mitigation”.
Founded in 2019 on the recognition that the manual processes of traditional security operations are ineffective in rapidly changing cloud environments, Spyderbat aims to make threat prevention and security operation automation available with a platform for early, accurate, and thorough recognition of attacks.
In addition to the platform’s core capabilities, Spyderbat Labs produces continuous actionable intelligence updates to the Spyderbat platform by performing threat research for cloud native environments. Spyderbat Labs creates Shields to stop attacks against known vulnerabilities, packaged baseline policies to built-in Linux and Kubernetes services, and Attack Detections mapped to MITRE ATT&CK techniques.
CEO Marc Willebeek-LeMair and CTO Brian Smith, co-founders of Spyderbat, are no strangers to intrusion prevention systems (IPS). As the original founders of TippingPoint, Willebeek-LeMair and Smith invented the network IPS in the early 2000s.
Willebeek-LeMair, said, “As we grew closer to understanding the fundamental security concerns in cloud native environments, we recognised the need for a brand-new approach.
“Traditional detection methods, along with the rate of change found in cloud native environments, create inaccurate findings that require teams to investigate each with limited data. This leads to high volumes of interrupt-driven efforts that are inconclusive. DevOps and Platform Engineering teams need an accurate understanding of what is happening before automation can occur and a broader protection solution.”
Earlier this month, Velotix, a data security platform that governs, logs, and controls compliant access to data throughout the data access lifecycle, closed its seed round on $10m, led by Capri Ventures,
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