Stream.Security, a leading provider of real-time cloud security solutions, announced the closing of a $30 million Series B funding round, enabling the company to further support its real-time, cloud-native threat exposure management solution.
The round was led by U.S. Venture Partners, with participation from new investors, Citi Ventures, and existing investors, Energy Impact Partners (EIP), Cervin Ventures, TLV Partners, and Glilot Capital Partners VC. This new round of funding brings the total investment in Stream.Security to $55 million.
“SecOps teams need a cloud solution they can trust, and without the ability to continuously assess and manage threat and exposure in real-time, they are securing the cloud through the rear-view mirror,” said Or Shoshani, CEO, Stream.Security. “This funding validates our fundamentally superior approach to cloud security and will play an important role in bringing our Cloud Twin technology to enterprises worldwide.”
Stream.Security’s Cloud Twin technology provides SecOps teams with real-time cloud threat and exposure modeling to accelerate response.
As a result, SecOps teams can trust Stream.Security to quickly identify attack paths across all elements of their rapidly changing cloud infrastructure, assess the potential impact of breaches, eliminate false positives, and accelerate mean time to response (MTTR).
“The demand signal for real-time cloud-native threat exposure management has never been stronger, as most enterprise SecOps teams are still relying on solutions designed for the relatively inert on-prem world to defend the cloud,” said Matt Carbonara, managing director at Citi Ventures. “We believe that Stream is uniquely positioned to capitalize on this opportunity and are excited to partner with them to help drive innovation and adoption of their unique Cloud Twin technology globally.”
The Stream.Security platform allows SecOps teams to visualize the full storyline of an attack and harness artificial intelligence to streamline investigations and improve productivity for over-burdened teams, according to the company.
“We have struggled to gather enough context to triage quickly, and getting a real-time view of an attack is challenging,” said Petr Zuzanov, SecOPS architect, RingCentral. “Stream has been instrumental in helping us close the security gaps in our cloud infrastructure by providing a clear understanding of attack path and blast radius of every threat or exposure. Stream’s real time platform has enabled us to identify and address threats and exposures that we were previously unaware of, significantly reducing our risk exposure, the opportunity cost of investigating false positives, and overall time and cost to remediate.”
For more information about this news, visit www.stream.security.