Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cybersecurity Funding

Blumira Raises $15 Million for SMB-Tailored XDR Platform

Blumira raises $15 million in Series B funding and launches a new XDR platform for small and medium-sized businesses (SMBs).

Cybersecurity startup Blumira today announced the launch of its extended detection and response (XDR) platform for small and medium-sized businesses (SMBs), backed by $15 million in Series B funding.

The investment round was led by Ten Eleven Ventures, with participation from HPA, Mercury Fund, RPS Ventures, and an angel investor. Founded in 2018, the US-based startup has raised $27.9 million to date.

Blumira combines SIEM and endpoint visibility in an end-to-end automated detection and response platform that integrates across customers’ environments to provide insights and reduce response time.

According to Blumira, the XDR platform can help IT teams contain endpoints with minimal effort, courtesy of automated host isolation, which relies on behavioral analysis to identify potential threats, such as ransomware and data breaches.

The company believes that its automated host isolation works better than tools that rely on artificial intelligence (AI), Blumira told SecurityWeek.  

Relying on its internal detections and automations, the company can quickly identify threats to contain machines until the customer’s IT team can assess the risk.

“We have clear proof that our dedication to incident detection engineering and threat hunting allows us to surpass AI detection implementation speed and accuracy. We use targeted behavioral detections that inherently increase the strength and capabilities of automated host isolation compared to most automations that require additional effort,” Blumira said.

The company says it has doubled its customer base over the past year, and that it plans to use the new funding to grow further by expanding sales and marketing teams and channel partnerships.

Advertisement. Scroll to continue reading.

Additionally, Blumira will invest in adding new features to its endpoint solution and in developing automated response functionality to make its XDR solution suitable for SMBs’ hybrid environments.

“Security remains a significant manual lift for small teams. We think there’s a huge opportunity to deliver simplified security for the SMB market, reducing reliance on people to complete manual security tasks to help companies achieve faster time to security,” Blumira CEO Jim Simpson said.

Related: Cybersecurity Startup Elba Raises €2.5 Million for Employee-Focused Product

Related: Memcyco Raises $10 Million in Seed Funding to Prevent Website Impersonation

Related: European Cybersecurity Firm Sekoia.io Raises $37.5 Million

Related: SquareX Raises $6 Million for Browser Security Product

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

Click to comment

Trending

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Learn how the LOtL threat landscape has evolved, why traditional endpoint hardening methods fall short, and how adaptive, user-aware approaches can reduce risk.

Watch Now

Join the summit to explore critical threats to public cloud infrastructure, APIs, and identity systems through discussions, case studies, and insights into emerging technologies like AI and LLMs.

Register

People on the Move

Coro, a provider of cybersecurity solutions for SMBs, has appointed Joe Sykora as CEO.

SonicWall has hired Rajnish Mishra as Senior Vice President and Chief Development Officer.

Kenna Security co-founder Ed Bellis has joined Empirical Security as Chief Executive Officer.

More People On The Move

Expert Insights

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest cybersecurity news, threats, and expert insights. Unsubscribe at any time.