Expel, the Security Operations Center (SOC)-as-a-service provider, secured $50 million in Series D funding led by CapitalG, Alphabet’s independent growth fund.
The financing round also includes participation from existing investors: Battery Ventures, Greycroft, Index Ventures, Paladin Capital Group and Scale Venture Partners.
Since its inception in 2016, Expel has secured a combined total of $117.5 million in financing.
Expel’s SOC-as-a-service approach gives customers 24×7 managed detection and response (MDR) for cloud, hybrid and on-premises environments.
Expel will use the new funding to grow its sales and marketing operations, further invest in its growing cloud security offerings and explore international growth opportunities.