Query.AI, the provider of the market’s security investigations control plane for modern enterprises, announced the successful close of an oversubscribed $15 million Series A financing round, enabling the company to provide greater security operations efficacy and efficiency across decentralized cloud, third-party SaaS, and on-prem environments.
Query.AI will use the new funding to scale up its product development to meet rapidly increasing market demand and support its exponential customer growth.
The round, which was led by new investor SYN Ventures with participation from existing investors ClearSky Security and South Dakota Equity Partners, follows a recent seed round of $4.6 million, bringing the total funding this year to nearly $20 million.
Patrick Heim, managing partner of SYN Ventures, is joining the Query.AI board of directors as part of the transaction.
“Cybersecurity data no longer lives in just one place,” said Heim. “It lives in the cloud, with third-party providers, and on-prem. Companies everywhere are struggling to figure out how they can bring security operations capabilities to these disparate environments, and they’re seeing that it’s extremely difficult, costly, inefficient and ineffective to send information in and out of these silos. Query.AI offers the only solution on the market that solves this pervasive problem by leaving the data where it lives, connecting to disparate data sources with APIs, and serving up the ability to access, investigate and respond to the threats in real-time, from one, unified browser interface. The Query.AI offering is truly unique and delivers critical value for security operations teams in every industry.”
For more information about this news, visit http://www.query.ai.