Siemplify, a New York, NY-based provider of security orchestration, automation and response (SOAR) tools, today announced that it has raised $14 million in a Series B funding round led by Jump Capital.
This latest funding brings the total amount raised by the company to $28 million.
Designed to help security operations teams work more efficiently, Siemplify’s platform assists with tasks ranging from incident triage and investigation to collaboration and remediation.
“SOAR enables the management of disparate cybersecurity tools – including SIEM, endpoint protection, threat intelligence and more – through a single platform that helps security operations teams respond to threats faster and more effectively,” the company explains.
Jump Capital was joined by the company’s existing investors G20 Ventures and 83North in the Series B round.
Siemplify is yet another cybersecurity startup founded by former Israeli Defense Forces (IDF) security experts.
Related: From IDF to Inc – The Israeli Cybersecurity Startup Conveyor Belt
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.
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