Uptycs, which leverages cloud-native security analytics to protect endpoints, has netted $50m in its Series C round, which was led by Norwest Venture Partners.
Commitments to the round also came from Sapphire Ventures and ServiceNow Ventures.
Capital from the round will be used to support the expansion of the platform and the growth of its global sales and marketing efforts.
The RegTech claims to be the first cloud-native security analytics that offers cloud security and endpoint protection from a single platform. Its services, which use a unique telemetry powered approach, supports extended detection and response, cloud workload protection and cloud security posture management.
It claims to empower security teams to quickly prioritise, investigate and respond to inbound threats across the organisation’s entire attack surface.
This investment comes after a strong period of growth for Uptycs, which is marked by consecutive years of triple-digit growth.
The company has recently released a number of products to its portfolio, including advanced threat detection and investigation capabilities, a cloud security and compliance offering for AWS and two open source telemetry connectors.
Uptycs CEO Ganesh Pai said, “Recent global events have accelerated the adoption of cloud services and cloud-native approaches to improve resiliency, thereby permanently changing the attack surface.
“Data doesn’t live solely on the corporate network; productivity endpoints are mobile; production workloads are elastic and distributed across clouds; identity and access management has morphed into today’s firewall; and sensitive data lives in cloud-based apps like G Suite, Salesforce, and GitHub. It’s a completely different challenge to secure these attack surfaces, and we’re innovating to deliver a comprehensive solution. This round will help us continue to evolve our platform to enable enterprises worldwide to secure their endpoint and cloud resources both proactively and reactively.”
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