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Funding/M&A

Stream.Security Secures $30 Million Series B 

Stream.Security (formerly Lightlytics) has raised a total of $55 million since launching in 2020 with a cloud data security product.

Israeli early-stage startup Stream.Security has banked $30 million in a new round of venture capital funding to continue work on cloud data security technology.

The Tel Aviv company said the Series B capital was provided by US Venture Partners, Citi Ventures, Energy Impact Partners, Cervin Ventures, TLV Partners, and Glilot Capital Partners VC. 

Stream.Security (formerly Lightlytics) has raised a total of $55 million since launching in 2020 with ambitious plans to create technology to deploy and run cloud infrastructure securely.

The company said its Cloud Twin technology provides SecOps teams with real-time cloud threat and exposure modeling to speed up incident response processes.

Stream.Security is building a cloud platform that creates a real-time simulated model, or “Cloud Twin”, of the production environments across the entire cloud-native stack that simulates all configuration changes. 

The idea is for developers and engineers to use this model to automatically predict, preempt, and prevent critical business disruptions caused by infrastructure changes.

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Stream.Security said its technology is capable of pinpointing attack paths and potential impacts, reducing false positives and alert fatigue, and shortens response times during incidents when lateral movement by attackers can occur in under three minutes.

Related: Cyera Launches With $60M to Protect Cloud Data

Related: Dasera Scores $12M Funding for Cloud Data Security

Related: Entitle Nabs $15M Seed Funding for Cloud Permissions Management

Written By

Ryan Naraine is Editor-at-Large at SecurityWeek and host of the popular Security Conversations podcast series. He is a security community engagement expert who has built programs at major global brands, including Intel Corp., Bishop Fox and GReAT. Ryan is a founding-director of the Security Tinkerers non-profit, an advisor to early-stage entrepreneurs, and a regular speaker at security conferences around the world.

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