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Cybersecurity Funding

Patch Management Company Automox Raises $30 Million

US-based cyber hygiene and patch management company Automox this week announced that it has raised $30 million in a Series B funding round, which brings the total raised by the firm to $42 million.

US-based cyber hygiene and patch management company Automox this week announced that it has raised $30 million in a Series B funding round, which brings the total raised by the firm to $42 million.

The funding round was led by Koch Disruptive Technologies (KDT), with participation from CRV, TechOperators and CrowdStrike. Automox says it will use the money to improve its platform and expand sales and marketing teams.

Automox provides a cloud-native platform that helps security and IT teams protect their endpoints against threats by enforcing patch management for the OS and third-party software, security configurations, and custom scripting.

“Automox was built for the modern organization,” explained Jay Prassl, founder and CEO of Automox. “Our cloud-native approach enables IT and security teams to quickly and easily keep up with the pace of software updates without the hassle of dealing with on-prem hardware. By automating patching and updating tasks, we’re reducing the complexity and improving the efficiency of the process.”

“Our architectural approach is based on the understanding that proactive cyber hygiene and the hardening of endpoint infrastructure is the key to a strong cyber defense. It’s the most important step an organization can take to dramatically reduce their cyber risk,” Prassl added.

Related: Snyk is Latest Cybersecurity Unicorn After Adding $150 Million in Funding

Related: Vulnerability Management Firm Kenna Security Raises $48 Million

Related: Vulnerability Remediation Firm Vulcan Cyber Raises $10 Million

Related: Detectify Raises $23.7 Million in Series B Funding Round

Written By

Eduard Kovacs (@EduardKovacs) is a contributing editor at SecurityWeek. He worked as a high school IT teacher for two years before starting a career in journalism as Softpedia’s security news reporter. Eduard holds a bachelor’s degree in industrial informatics and a master’s degree in computer techniques applied in electrical engineering.

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