Cyber security startup Anvilogic raises $25m Series B funding to modernize security operations

Cyber security startup Anvilogic raises $25m Series B funding to modernize security operations

Published: 22-07-2022 10:56:00 | By: Pie Kamau | hits: 290 | Tags:

Anvilogic, a modern security operations platform that brings a cloud-based security data lake to life, announced the company's $25 million Series B funding. The round was led by Outpost Ventures, a Neuberger Berman fund, with participation from Xerox Ventures, G Squared, Foundation Capital, Point72 Ventures and Cervin Ventures. This round brings Anvilogic's total funding to $40 million.

Karthik Kannan, Founder and CEO, Anvilogic: "In this emerging new world of cloud-first applications and multi-cloud workloads, it's important to bring about similar modernization in security operations architectures, specifically when it comes to understanding the signals from newer cloud applications and correlating across them to weave together a complete picture of the threat landscape. Additionally, building out and operationalizing a security data lake to deliver threat detection and triage automation for the SOC is becoming mainstream. Enterprises need a bridge to get to the modern world as there is far too much institutional knowledge and investment that cannot be thrown away overnight in favor of a new architecture. This is exactly what Anvilogic brings -  an automation platform that bridges the legacy world to the cloud world and transforms security operations to a new, cloud-based modern architecture."

Anvilogic is a cloud-based, modern, and automated Security Operations Center (SOC) platform. It enables security operations to function across on-prem, hybrid and multi-cloud workloads as well as security data lakes, while automating the majority of the traditional security workflows - detect, hunt, triage and response - all in a single platform. Security practitioners no longer have to worry about disparate tools or coding in tool-specific languages. Instead, they can work in a single detect & respond continuum fully enriched with context and integrated with downstream ticketing and case management systems like ServiceNow.

Purpose-built for security teams by security professionals, Anvilogic is designed to eliminate legacy approaches of traditional SIEMs. The AI-driven, community-connected threat detection, investigation and response capabilities help customers quickly navigate the threat detection journey, from maturity scoring to alerts to action, and create a modern, future-proof SOC.

Steven Sterns, Senior Director of Information Security, eBay: "We are happy users of the Anvilogic SOC platform - it provides us the perfect force-multiplier effect we need in our detection engineering automation, and we look forward to the journey with their hunting & triage capabilities this year."

Anvilogic is building strong partnerships in the journey to become the leader in security operations automation and modernization. Anvilogic's key partner, and market leader, in providing security data lakes is Snowflake, on whose platform Anvilogic has built an architecture for enterprise security transformation.

Omer Singer, Head of Cybersecurity Strategy, Snowflake: "Anvilogic's quick growth is a testament to their commitment to solving difficult challenges the industry and its customers face. Snowflake looks forward to continuing to mobilize the world's data in partnership with Anvilogic by delivering a security data lake strategy that bridges legacy enterprise stacks to modern cloud architecture, lowers costs and improves our joint customers' overall security posture."

www.anvilogic.com