LimaCharlie, a firm providing tools to run an MSSP or SOC on a pay-as-you-go use model, has bagged $5.45m in seed financing.
The round was led by Susa Ventures and saw participation from Xerox Ventures, Long Journey Ventures, Sands Capital, StoneMill Ventures, Lytical Ventures, CoFound Partners and SNR-4 dB.
Following this round, the company has raised a total of $6.35m since inception and has a current valuation of $24m.
California-based LimaCharlie claims it gives security teams full control over how they manage their security infrastructure. It offers cloud-native tools and infrastructure for use cases such as log aggregation, detection, automation and response, to file and integrity monitoring and Yara scanning.
LimaCharlie plans to use the new funding to widen its engineering team and speed up the rollout of new technologies.
LimaCharlie said, The API-first approach and integration with existing CI/CD pipelines make it easy to manage security operations at scale, or build products on top of LimaCharlie reducing the time to market for cybersecurity startups – something that was not possible before.”
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