Connect with us

Hi, what are you looking for?


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.

Advertisement. Scroll to continue reading.

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.

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 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

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.

Join security experts as they discuss ZTNA’s untapped potential to both reduce cyber risk and empower the business.


Join Microsoft and Finite State for a webinar that will introduce a new strategy for securing the software supply chain.


Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Cybersecurity Funding

SecurityWeek investigates how political/economic conditions will affect venture capital funding for cybersecurity firms during 2023.

Cyber Insurance

Cyberinsurance and protection firm Boxx Insurance raises $14.4 million in a Series B funding round led by Zurich Insurance.

Cybersecurity Funding

Network security provider Corsa Security last week announced that it has raised $10 million from Roadmap Capital. To date, the company has raised $50...

Cybersecurity Funding

2022 Cybersecurity Year in Review: Top news headlines and trends that impacted the security ecosystem

Cybersecurity Funding

Los Gatos, Calif-based data protection and privacy firm Titaniam has raised $6 million seed funding from Refinery Ventures, with participation from Fusion Fund, Shasta...

Cybersecurity Funding

Internet of Things (IoT) and Industrial IoT security provider Shield-IoT this week announced that it has closed a $7.4 million Series A funding round,...

Cybersecurity Funding

CommandK announced that it has raised $3 million in a seed funding round for a solution designed to help organizations secure sensitive data.