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.

Advertisement. Scroll to continue reading.

“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

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.

Organizations are investing heavily in third-party risk management, but breaches, delays, and blind spots continue to persist. Join this live webinar as we examine the gap between how organizations think their third-party risk programs are performing and what’s actually happening in practice.

Register

Delve into big-picture strategies to reduce attack surfaces, improve patch management, conduct post-incident forensics, and tools and tricks needed in a modern organization.

Register

People on the Move

Tim Byrd has been appointed Chief Information Security Officer at First Citizens Bank.

IRONSCALES has named Steve McKenzie as Chief Operating Officer.

Silvio Pappalardo has joined AuthMind as Chief Revenue Officer.

More People On The Move

Expert Insights

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest cybersecurity news, threats, and expert insights. Unsubscribe at any time.