Tuesday, April 19, 2016

Threat Stack Secures $15.3 Million for Cloud Security

Threat Stack, a start-up based in Boston, announced $15.3 million in Series B funding for its cloud security and compliance management solutions.

Threat Stack recently launched its Cloud Security Platform (CSP) in early 2016. The cloud-native platform supports security insight across all environments, cloud security providers and containers.

The funding round was led by Scale Venture Partners (Scale), with participation from all existing investors, including Accomplice and .406 Ventures. This brings total investment in Threat Stack to more than $26 million.

“Since I joined Threat Stack a year ago, we’ve experienced incredible business momentum. Our growth is not only across our customer base but also as a team working passionately to build a security and compliance solution that meets the growing needs of modern cloud infrastructure,” said Brian M. Ahern, chairman and CEO, Threat Stack. “This latest round of funding validates our approach to the market, and will fuel further enhancement of Threat Stack’s Cloud Security Platform to improve operational efficiency, while resolving security and compliance challenges for customers across all industries.”

https://threatstack.com