In the last ten years, there are people from the Cloud Security Industry set up their new companies to cope with different types of security issues, including the security issues from public cloud infrastructure, anomaly detection and compliance issues in the across multi-cloud environments. There are also office level protections for AWS, Azure and Google Cloud Platform.
The selected 10 Cloud Security Start-Ups were founded after 2015, and they have obtained at least USD 4,000,000 external financing. Depending on the new money, the launch of partnership program and key products enhancement and update, they stood out from their competitors. There are four companies are located in California,USA, three companies in Israel, and the others are located in Colorado, South Dakota and England.
The Start-Ups are mainly engaged in providing solutions for various security challenges. There are solutions like protect cloud-native workloads with memory protection and protect the data life-cycle of cross-cloud data storage, and they also provide centralized insights across internal environments, cloud and SaaS environments.
1 Aqua Security
Founded in 2015, Aqua Security received US$135 million from Series E financing led by ION Crossover Partners in March this year. The new funds will be used to improve their products and attract more customers, and prepare for listing in the next few years. According to the information on LinkedIn, this startup company based in Ramat Gan, Israel has 335 employees, increased by 33% compared with 251 last year.
One of the Aqua Security important plans is to enhance its Kubernetes security products to meet the everchanging security requirements with the technology development. And as Infrastructure as Code (IaC) gradually becomes the standard of the entire industry, Aqua Security also plans to focus on enhancing the security of cloud infrastructure.
With the emergence of new workloads, in addition to containers, serverless and lightweight virtual machines, Aqua also needs to protect other runtime technologies. Aqua Security hopes to use these funds to win more customers, better solve more cloud security issues, and allow the open source community to adopt more Aqua's technologies.
2 Armo
Founded in 2019, Armo received USD 4.5 million in seed round financing led by Pitango First in January this year. The new funds wilbe used to strengthen its market strategy and the technology products commercialization. According to the information on LinkedIn, this startup company based in Tel Aviv, Israel has 23 employees.
Armo said that they provide DevOps teams with a new cloud-native workload and application deployment method, injecting inherent security and visibility into applications, and creating a virtual control plane that can be easily deployed in any cloud-native environment . Many multinational companies have chosen Armo as their future security and visibility infrastructure to run in a production environment.
Armo Workload Fabric provides a memory security layer and governance layer, such as data flow compliance, transparent data protection, secure channels and networks. In addition, Armo said that the platform can be seamlessly integrated into the DevOps channel during the CI/CD phase to eliminate operational complexity.
3 Automox
Founded in 2015, Automox received US$110 million in a Series C financing led by Insight Partners in April this year. The new funds will be used to expand the corporate functions of the Automox platform, build its own strategy for sales business and market entry. According to information from LindedIn, this startup is based in Boulder, Colorado and has 203 employees, a 95% increase from 104 employees a year ago.
Automox provides a cloud-native IT operation platform that can provide IT teams with the visibility, automation and control. On the platform, they could easily promote large-scale operations, simplify IT workflows, and minimize risks. With the help of automation and real-time visibility, the IT operations team can easily keep up with the pace of its infrastructure development and provide its business with more strategic value and security results.
In March of this year, Automox hired Jeff St. Clair of Palo Alto Networks as its chief revenue officer. It hopes to continue to maintain rapid growth on the basis of five consecutive quarters, while expanding the company’s 1900 customer bases in 30 countries and regions. A month later, Automox appointed CrowdStrike co-founder and former chief technology officer Dmitri Alperovitch as the chairman of the board, hoping to promote the introduction of modern IT operations into the enterprise.
4 Cado Security
Founded in 2020, Cado Security received US$10 million in Series A financing led by Blossom Capital in April this year. The new funds is for accelerating the company's development by expanding key functions such as engineering, customer support, and listing operations. According to LinkedIn information, this London-based startup has 18 employees.
Cado's platform can automatically collect data from multiple sources (including cloud and containers), while also supporting traditional local systems, providing 100% data without additional operations. Cado's patent-pending architecture can provide fast processing capabilities through scaling when needed, and save costs when not needed.
Cado’s analysis engine links all systems, users, processes, and files, allowing analysts to immediately visualize the IT environment of the enterprise organization, so that customers can conduct aggregate investigations instead of analyzing at the system level for fast and accurate to find the cause of an event.
5 Cyral
Founded in 2018, Cyral received US$26 million in Series B financing led by Redpoint, Costanoa Ventures, A. Capital and Silicon Valley CISO Investments (SVCI) in May this year. The new fund will help organizations protect modern data clouds. According to LinkedIn information, this startup in Milpitas, California has 46 employees, a 53% increase from 30 employees a year ago.
Cyral provides a quick and simple method for security teams and engineering teams to assess cloud security risks and proactively protect enterprise and customer data without interrupting the existing DevOps workflow. Cyral claims that it can automate the workflow, support the collaboration between the DevOps team and the security team, and automatically implement protection and prevent data leakage.
Cyral has developed a unique stateless interception technology that can be implemented in the form of security as code to simplify the implementation and management of all data services. After deployment, Cyral's technology will intercept all activities across different data repositories, apply fine-grained access control, and warn and prevent any abnormal behavior with zero impact on performance.
6 Dasera
Founded in 2019, Dasera received $6 million in seed round financing led by Sierra Ventures in May this year to expand the engineering team and product launch team and launch SaaS products. According to LinkedIn information, the Sunnyvale, California-based startup has 22 employees.
Dasera realizes the safe use of sensitive data by automatically protecting the entire life cycle of cloud data storage. The Dasera platform was originally developed at the University of California, Berkeley, allowing compliance teams and security teams to discover, flag, and repair data abuse vulnerabilities throughout the data lifecycle.
Dasera said that traditional security solutions only focus on ingress (firewall and access control) and egress (data loss), but in today's cloud-native environment, many security risks and compliance risks stem from the daily creation of new data storage , data movement between data storage, and the use of data with access rights.
7 Lacework
Founded in 2015, Lacework received US$525 million in financing led by Sutter Hill Ventures and Altimeter Capital in January this year to expand its product launches and partner ecosystem operations, as well as expand its engineering teams and R&D team in the United States and Europe. According to LinkedIn information, this San Jose, California-based startup has 525 employees, an increase of 265% from 144 a year ago.
Lacework provides customers with visibility, context, and telemetry capabilities to quickly assess cloud security status, prove compliance, protect cloud workloads, investigate abnormal activities, or answer auditors’ questions. Lacework's security architecture understands and detects threats in cloud applications, and solves the large-scale security data processing capabilities required to record and analyze changes in the cloud.
Lacework said that the company's next phase of development will focus on expanding its market-leading SaaS security platform and expanding into new related market areas. The goal is to allow customers to quickly and safely innovate in the cloud. Lacework also hopes to provide Snowflake customers with additional integration across the DevOps tool chain and integration into a secure data lake project.
8 Orca Security
Founded in 2019, Orca Security received US$210 million in a Series C financing led by CapitalG and Redpoint Ventures in March this year. The new funds wil help to significantly expand its identity and access management capabilities as well as strengthening the alert function for ongoing attacks . According to LinkedIn information, this Los Angeles-based startup has 138 employees, an increase of 151% from 55 employees a year ago.
Orca Security focuses on allowing its products to locally discover basic risks from bugs, misconfigurations, and exposed data, as well as discover over-privileged users and incorrectly assigned permissions. In addition, it also concerned about detecting attacks by examining the risks surrounding key attack vectors behavior.
Orca Security will also invest the funds in the areas of agentless, deep workload, and context-aware security and compliance for Google Cluod, AWS and Microsoft Azure. Orca Security said that they will prioritize risks based on potential security issues and environmental context, including accessibility and potential damage to the business.
9 Query.AI
Query.AI was established in 2018 and received US$4.6 million in a seed round led by ClearSky Security in May this year, which wouold be used to expand the market listing strategy and the size of the engineering team to meet the huge market demand for its platform. According to LinkedIn information, this Brookings, South Carolina-based startup has 32 employees, a 68% increase from 19 a year ago.
Query.AI provides a simple and cost-effective method for security teams to significantly improve security investigation and response capabilities through real-time access and centralized insight into data from on-premises, multi-cloud environments, and SaaS applications. Query.AI stated that they provide an effective way to speed up security investigations and respond to targets while reducing costs.
Query.AI also standardizes and enriches data on any platform to reduce the complexity of the investigation. This security investigation control plane provides guided data exploration and support for natural language processing, without the need for security analysts to become experts in each system, and provides enterprises with the flexibility to determine data storage locations and access permissions.
10 Wiz
Founded in 2020, Wiz received US$130 million in Series B financing led by Advent International in March this year, and received an additional US$120 million in financing from Salesforce Ventures, Blackstone and Aglaé Ventures in June this year. According to LinkedIn information, this Tel Aviv-based startup has 84 employees, an increase of 265% from 23 a year ago.
Wiz said that their architecture can scan the entire cloud environment, regardless of computing type and cloud service, to find vulnerabilities, configuration, network and security issues. Wiz provides a weighted risk view that allows customers to assess bugs and misconfigurations based on severity, exposure, difficulty factor, outbreak radius, and business impact.
According to Wiz, 10% of the global Fortune 500 companies are already using Wiz technology. According to Wiz’s website, Wiz’s customers include electronic signature provider DocuSign, materials science and manufacturing company Avery Dennison, and life insurance provider MassMutual.
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