Sevco launches cloud security platform following $15m Series A

US firm Sevco Security has officially introduced its cloud-native security asset intelligence platform after it raised $15m in a Series A funding round.

The funding round was led by SYN Ventures and also saw participation from .406 Ventures, Bill Wood Ventures, fama Ventures and Accomplice.

Founded in 2020, Sevco claims its platform delivers continuous converged visibility of all assets across siloed systems as well as the telemetry required to understand how assets change in an environment over time.

Sevco highlighted that through its platform, customersFuare able to make sense out of the data they already have, making existing products more effective. In addition, it stated its platform integrates with existing sources via native APIs to pull their view of security asset investory.

The Sevco platform does not require any installed agents, deployed scanners or remote access to be enabled to an on-premises installation.

The company claims it will use the funding to scale the adoption of its security intelligence platform.

Sevco co-founder and CEO J.J Guy said, “Compromise is inevitable. Each attack should remind every organization that the focus should be on raising the bar to the point where they are not worth the attacker’s time.

“To solve this, we built an asset intelligence platform that delivers converged asset inventory, helping customers get more from existing investments and improve security. The last time this team aligned behind a disruptive technology, we fundamentally changed the way companies approach cybersecurity. We plan to do that again with Sevco.”

Copyright © 2021 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research

Investors

The following investor(s) were tagged in this article.