Public cloud security provider Sonrai Security today announced that it has raised $50 million in Series C funding, which brings the total raised by the company to $88.5 million.
The new funding round was led by ISTARI, but existing investors Menlo Ventures, New Brunswick Innovation Fund, Polaris Partners, and TenEleven Ventures also contributed.
Sonrai Security says it will use the new funds to accelerate research and development, as well as to expand sales and marketing initiatives worldwide.
Founded in 2017, the New York-based company offers a cloud security platform that includes cloud security posture management (CSPM) alongside identity and data security for public clouds.
The Sonrai Dig platform also seeks to address cloud infrastructure entitlement management (CIEM), configuration management, and data classification.
Organizations can leverage the solution to enforce compliance and separation of roles, implement least privilege policies, and secure critical data.
“Securing identities and data is central to Sonrai Security’s approach for protecting enterprise AWS, Azure and GCP cloud infrastructures. Large enterprises have embraced this approach, and our latest funding round supports our global expansion and ensures that our platform will continue to provide the most advanced multicloud security capabilities available in the market,” Brendan Hannigan, CEO and co-founder of Sonrai Security, said.