Cloud native cybersecurity business Twistlock has raised $33m in Series C funding round led by ICONIQ Capital.
Existing investors YL Ventures, TenEleven, Rally Ventures, Polaris Partners and Dell Technologies Capital also participated in the round, which brings Twistlock’s total funding to $63m to date.
Founded in 2015, Twistlock provides a scalable container cybersecurity platform. From precise, actionable vulnerability management to automatically deployed runtime protection and firewalls, the platform protects applications across the development lifecycle and into production.
Ben Bernstein, Twistlock CEO, said, “Since our first release in 2015, it’s been clear that containers and cloud native were the future – and that there was a huge gap in security platforms that not only protected these new technologies – but also leveraged them to deliver stronger defense than ever before possible. We’re proud of our leadership in the industry and the hundreds of customers protected by Twistlock today.”
The company recently launched the 14th major release of its flagship platform, Twistlock 2.5. This new release unifies protection for containers, serverless functions, and container-as-a-service platforms like AWS Fargate into a single, full-lifecycle, full stack security platform.
It also marks the debut of Twistlock’s industry-first cloud native forensics capabilities – which flip traditional incident response and forensics capabilities on their head to empower security operators to respond faster than ever before.
Since its inception in 2015, Twistlock has grown its customer base over 350 percent each year, and has over 25% of Fortune 100 companies as customers, including McKesson, Walgreens, Aetna and USAA.
Earlier this year, ICONIQ co-led Collibra’s a $58m Series D financing round alongside Battery Ventures. Organisations across the globe use Collibra to enable all data citizens ‘to find, understand, and trust the data’ they need.
ICONIQ also recently led a $37.5m investment round for data security company Virtru and counts DocuSign, a San Francisco-based company that provides electronic signature technology, its portfolio.
Copyright © 2018 RegTech Analyst
Copyright © 2018 RegTech Analyst
