Security Experts:

Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Application Security

Security Analytics Firm Uptycs Raises $50 Million

Cloud-native security analytics provider Uptycs has closed a $50 million Series C funding round, bringing the total raised by the company to date up to $93 million.

The latest funding round was led by Norwest Venture Partners, with additional participation from Sapphire Ventures and ServiceNow Ventures.

Cloud-native security analytics provider Uptycs has closed a $50 million Series C funding round, bringing the total raised by the company to date up to $93 million.

The latest funding round was led by Norwest Venture Partners, with additional participation from Sapphire Ventures and ServiceNow Ventures.

Based in Waltham, Massachusetts, Uptycs provides customers with a platform that integrates capabilities such as extended detection and response, management of cloud security posture, and protection for cloud workloads.

Through its security analytics platform, the company seeks to help professionals investigate and respond to potential threats across both on-premises and cloud environments.

Founded in 2016, Uptycs says it has registered triple-digit growth over the past few consecutive years, and has added several large organizations to its customer base.

The new funding round will help the company expand its cloud-native security analytics platform, as well as invest in global sales and marketing.

“Data doesn’t live solely on the corporate network; productivity endpoints are mobile; production workloads are elastic and distributed across clouds; identity and access management has morphed into today’s firewall; and sensitive data lives in cloud-based apps like G Suite, Salesforce, and GitHub. It’s a completely different challenge to secure these attack surfaces, and we’re innovating to deliver a comprehensive solution,” Ganesh Pai, Uptycs CEO, said.

Related: Material Security Raises $40 Million

Related: Salt Security Raises $70 Million in Series C Funding

Related: Tessian Raises $65 Million at $500 Million Valuation 

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

Register

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.

Register

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.

Data Protection

The CRYSTALS-Kyber public-key encryption and key encapsulation mechanism recommended by NIST for post-quantum cryptography has been broken using AI combined with side channel attacks.

Data Protection

The cryptopocalypse is the point at which quantum computing becomes powerful enough to use Shor’s algorithm to crack PKI encryption.

Cybercrime

The changing nature of what we still generally call ransomware will continue through 2023, driven by three primary conditions.

Cyberwarfare

WASHINGTON - Cyberattacks are the most serious threat facing the United States, even more so than terrorism, according to American defense experts. Almost half...

Application Security

PayPal is alerting roughly 35,000 individuals that their accounts have been targeted in a credential stuffing campaign.

Cybercrime

No one combatting cybercrime knows everything, but everyone in the battle has some intelligence to contribute to the larger knowledge base.

Application Security

GitHub this week announced the revocation of three certificates used for the GitHub Desktop and Atom applications.