Sevco Security Banks $15 Million Series A Funding

The enterprise asset management space just got a bit more crowded with the launch of Sevco Security, an early-stage startup selling a “cloud-native security asset intelligence platform.”

Sevco Security, based in Austin, Texas, has raised $15 million in Series A funding led by SYN Ventures.  The company said .406 Ventures, Accomplice, Bill Wood Ventures and fama Ventures also joined as investors.

In a statement, Sevco Security said its platform delivers two values to customers: continuous converged visibility of all assets across siloed systems; and the telemetry required to understand how assets change in a dynamic environment over time.

“Sevco exists to fix a decades-old problem: attackers know the networks they target better than the companies thaat own them,” said Jay Leek, Managing Partner at SYN Ventures.

Leek is betting that Sevco Security technology will bring “disruption to security asset intelligence” tools and capabilities.

The company said its platform integrates with existing sources via native APIs to pull separate views of security asset inventory. It does not require any installed agents, deployed scanners, or remote access to be enabled to an on-premises installation.

Related: Cybersecurity M&A Roundup: 37 Deals Announced in June 2021