Security Experts:

Connect with us

Hi, what are you looking for?


Cybersecurity Funding

Security Analytics Firm Niara Raises $20 Million

Niara, a security analytics company currently operating in stealth mode, has closed a $20 million Series B financing round led by Venrock, with additional participants including New Enterprise Associates (NEA) and Index Ventures.

Niara, a security analytics company currently operating in stealth mode, has closed a $20 million Series B financing round led by Venrock, with additional participants including New Enterprise Associates (NEA) and Index Ventures.

While the Sunnyvale, Calif.-based company has not shared many details on its offerings, it claims that its technology delivers contextually relevant security analytics by fusing data from disparate sources to discover compromised systems.

More specifically, Niara explained that its platform blends diverse data sources, sophisticated analytics and forensics to discover compromised users, provide insight into malicious insiders, enable advanced threat hunting efforts, and efficiently prioritize alerts for rapid investigation.

The new funding brings the total raised by the company to $29.4 million. The company previously raised a $9.4 million Series A round in November 2013, led by NEA and Index Ventures.

Doug Dooley, investor at Venrock, has joined the company’s board of directors, which includes Series A investors Krishna Kolluri, general partner, NEA and Danny Rimer, partner, Index Ventures, as well as Aruba Networks president and CEO Dominic Orr.

“We’ve chosen to invest in Niara because of this team’s unique approach to analytics that makes it easier for customers to find needles in their security haystack, shrinking the time it takes to discover sophisticated threats within their environments,” Dooley said in a prepared statement.

“As the threat landscape has shifted from a world of black and white to shades of grey, traditional security technologies have become increasingly incapable of distinguishing what is malicious from what isn’t,” said Sriram Ramachandran, co-founder and CEO of Niara. “Cyber attacks are more sophisticated, persistent, and covert than ever before. Security teams need to identify and thread together subtle, nuanced changes in user behavior across disparate data sources to discover advanced threats. A combination of data-driven analytics and sophisticated forensics is critical to combatting these attacks and protecting your organization.”

Written By

For more than 10 years, Mike Lennon has been closely monitoring the threat landscape and analyzing trends in the National Security and enterprise cybersecurity space. In his role at SecurityWeek, he oversees the editorial direction of the publication and is the Director of several leading security industry conferences around the world.

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 this webinar to learn best practices that organizations can use to improve both their resilience to new threats and their response times to incidents.


Join this live webinar as we explore the potential security threats that can arise when third parties are granted access to a sensitive data or systems.


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.

Management & Strategy

SecurityWeek examines how a layoff-induced influx of experienced professionals into the job seeker market is affecting or might affect, the skills gap and recruitment...

Cybersecurity Funding

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


More than 450 cybersecurity-related mergers and acquisitions were announced in 2022, according to an analysis conducted by SecurityWeek


Twenty-one cybersecurity-related M&A deals were announced in December 2022.

Management & Strategy

Industry professionals comment on the recent disruption of the Hive ransomware operation and its hacking by law enforcement.


Forty cybersecurity-related M&A deals were announced in January 2023.

CISO Strategy

SecurityWeek spoke with more than 300 cybersecurity experts to see what is bubbling beneath the surface, and examine how those evolving threats will present...