Now on Demand Ransomware Resilience & Recovery Summit - All Sessions Available
Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cloud Security

Spyderbat Raises $10 Million for Cloud and Container Security Platform

Cloud-native runtime security startup Spyderbat this week announced that it has raised $10 million in Series A funding, which brings the total raised by the company to $14 million.

The funding round was led by NTTVC, with participation from Benhamou Global Ventures, LiveOak Venture Partners, and an angel investor.

Cloud-native runtime security startup Spyderbat this week announced that it has raised $10 million in Series A funding, which brings the total raised by the company to $14 million.

The funding round was led by NTTVC, with participation from Benhamou Global Ventures, LiveOak Venture Partners, and an angel investor.

Founded in 2019 and headquartered in Austin, Texas, Spyderbat offers a SaaS platform that provides organizations with runtime visibility across Kubernetes, container and VM environments.

Spyderbat’s solution also helps customers understand runtime behavior of builds and provides them with runtime intrusion prevention, to protect against supply-chain attacks, compromised credentials, and malware.

The platform also produces continuous actionable intelligence updates, which Spyderbat uses to stop attacks targeting known vulnerabilities, build detections mapped to MITRE ATT&CK techniques, and create packaged baseline policies.

Spyderbat plans to use the new investment to accelerate product development and expand its go-to-market activities.

“What separates Spyderbat is a complete understanding of runtime activities to recognize new workload behaviors or connect threat indicators to each other and their root cause. This context enables early detection and accuracy, with a thorough understanding of the intrusion that enables automation to block it,” Spyderbat co-founder and CTO Brian Smith said.

Related: Arnica Raises $7 Million to Protect Software Developers, Code

Advertisement. Scroll to continue reading.

Related: Network Security Company Corsa Security Raises $10 Million

Related: Anonos Raises $50 Million for Data Privacy Platform

Related: OutThink Raises $10 Million for Human Risk Management Platform

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

Click to comment

Trending

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 the session as we discuss the challenges and best practices for cybersecurity leaders managing cloud identities.

Register

SecurityWeek’s Ransomware Resilience and Recovery Summit helps businesses to plan, prepare, and recover from a ransomware incident.

Register

People on the Move

Bill Dunnion has joined telecommunications giant Mitel as Chief Information Security Officer.

MSSP Dataprise has appointed Nima Khamooshi as Vice President of Cybersecurity.

Backup and recovery firm Keepit has hired Kim Larsen as CISO.

More People On The Move

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.

Cybersecurity Funding

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

CISO Conversations

Joanna Burkey, CISO at HP, and Kevin Cross, CISO at Dell, discuss how the role of a CISO is different for a multinational corporation...

CISO Conversations

In this issue of CISO Conversations we talk to two CISOs about solving the CISO/CIO conflict by combining the roles under one person.

CISO Conversations

SecurityWeek talks to Billy Spears, CISO at Teradata (a multi-cloud analytics provider), and Lea Kissner, CISO at cloud security firm Lacework.

CISO Strategy

Security professionals understand the need for resilience in their company’s security posture, but often fail to build their own psychological resilience to stress.