StackRox,
the leader in security for containerized cloud-native applications,
announced today that it has secured $25 million in Series B funding.
This funding round is being led by Redpoint
Ventures and includes follow-on investments from Sequoia
Capital and Amplify
Partners. StackRox delivers the industry's only solution that offers
continuous detection for applications running on container technologies,
including Docker and Kubernetes. Proceeds from the investment will be
used to accelerate the company's product development and release
schedule and to support expanded go-to-market programs, including the
hiring of new sales and marketing executives to facilitate the company's
next stage of growth.
Designed to help enterprises running containerized applications with
governance, detection, and response to security threats, StackRox
software secures containerized applications from deployment to runtime.
It enables security teams to apply and manage policies, and the software
leverages the power and flexibility of the Rox Engine to automatically
detect and correlate threat behavior. StackRox monitors events over time
and applies its Adversarial Intent Model to "connect the dots," alert IT
organizations of potential threats across the attack life cycle, and
take action to stop and contain attacks.
Built with DevOps and cloud computing environments in mind, the StackRox
security architecture combines distributed collection and centralized
event correlation as well as analysis with machine learning to identify
and stop malicious activity. It includes:
-
StackRox Prevent - to minimize the attack surface, centralize
governance, and rank-order risks for container environments
-
StackRox Detect and Respond - to monitor activities in runtime,
pinpoint attack tactics, and disrupt and stop attacks
Sameer Bhalotra, StackRox CEO and former Senior Director for
Cybersecurity at the White House, and Ali Golshan, StackRox CTO and
former co-founder and CTO of Cyphort, formed StackRox together. They
created the company to secure high-velocity, distributed container
environments that cannot be protected with traditional enterprise
security solutions.
StackRox collaborates with a number of research and governmental
organizations to more deeply understand the attack surface containerized
environments present. StackRox counts Google as one of its key partners,
and customers already using the StackRox platform include City National
Bank, the U.S. Department of Homeland Security, other government
agencies, and Global 2000 companies in the finance, media and technology
sectors.
New venture partner
Redpoint Ventures has deep expertise in recognizing seed, early- and
growth-stage startups that are poised to create new markets or redefine
existing ones. Redpoint's partnership with the founders of StackRox
builds on the firm's early investments in next-generation developer
infrastructure and tooling, as well as its ongoing partnership with the
Cloud Native Computing Foundation, exemplifying Redpoint's vision for
support of enabling development technologies with complementary security
technologies.
"Along with enabling this new developer landscape, we recognized the
criticality of securing it," said Tomasz Tunguz, general partner at
Redpoint Ventures. "At a time when most companies are building commodity
scanning technology, StackRox has focused its sophisticated team on
solving the problem of continuous detection in containerized
environments. The innovation of its Rox Engine in identifying
adversarial intent and stopping attacks early in their life cycle will
enable companies to reap the benefits of containerized development while
protecting the business."
New sales and marketing executives
To drive acceleration of its go-to-market initiatives, StackRox has
grown its leadership ranks in sales and marketing. TJ Cooley, a seasoned
enterprise sales executive who has served in senior positions at Tanium,
VMware and Citrix, has joined as Vice President of Sales. Michelle
McLean, who has held senior marketing roles at ScaleArc, Silver Spring
Networks, ConSentry Networks, Peribit Networks, and Trapeze Networks, as
well as serving as an analyst at META Group, joins StackRox as the
company's first vice president of marketing.
"TJ and Michelle bring deep experience, energy and industry insights to
the entire StackRox community," commented Bhalotra. "They are already
making great contributions to our team and will be integral to our next
phase of growth."
Product updates
Headed into the industry's largest trade show, the RSA Conference, next
week, StackRox is pleased to announce general availability of its Prevent
product. Prevent enables security teams to apply centralized
governance over their organizations' container deployments, inventorying
and stack-ranking the risk of those environments. The company is also
announcing an updated version of its flagship Detect and Respond
solution, with faster performance, increased scalability, and improved
detection capabilities.