infotechlead
infotechlead

Stream.Security raises $30 mn to revolutionize cloud security

Stream.Security has closed a $30 million Series B funding round, led by U.S.

Stream Security founders
Stream Security founders

Venture Partners. New investors Citi Ventures joined existing backers, including Energy Impact Partners (EIP), Cervin Ventures, TLV Partners, and Glilot Capital Partners VC. This brings the total investment in the company to $55 million.

Cloud Security Innovation: The company’s Cloud Twin technology provides SecOps teams with real-time cloud threat and exposure modeling, allowing faster and more effective responses to breaches. It helps organizations reduce false positives, improve response times, and enhance security by visualizing the full attack storyline.

Market Need: Many companies rely on outdated cloud detection tools, as evidenced by the fact that 82 percent of enterprises take over seven hours to respond to breaches, while attackers can move within three minutes. Stream.Security’s real-time, cloud-native solutions aim to close these critical security gaps.

Investor Insights: Jacques Benkoski of U.S. Venture Partners noted the growing need for real-time cloud security solutions, while Citi Ventures’ Matt Carbonara emphasized Stream.Security’s strong positioning to drive global adoption of its innovative technology.

Industry Adoption: SecOps teams from companies like RingCentral praised Stream.Security for significantly reducing risk and improving response efficiency by closing gaps in cloud infrastructure security.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

More like this
Related

Venture Capital Funding: Honeyjar, Multifactor,  SPhotonix

Several tech startups — Honeyjar, Multifactor, SPhotonix, among others, have announced their venture...

Venture Capital Funding: IMTC, Fact Base, Gradial,  Fin 

Several tech startups — IMTC, Fact Base, Gradial, Fin, among others, have announced their...

M&A deals: Bell Canada’s Ateko, NTT DATA, Red River, Xypher, XRHealth

Today’s M&A deals include announcements on Bell Canada’s Ateko, NTT DATA, Red...

M&A deals: Tyler Technologies, Kraken, Tecan Group, Cerbo, BairesDev

Today’s M&A deals include announcements on Tyler Technologies, Kraken, Tecan Group,  Cerbo, ...