Accurics, the cloud cyber resilience specialist
that is enabling resilient, self-healing cloud native infrastructure, today
announced $20 million across seed and series A financing raised in the past six
months, with Intel Capital leading the Series A and ClearSky leading the seed.
Accurics is delivering a powerful solution at a critical time, as cloud-native
technologies fuel innovation and power today's applications. The new investment
will support Accurics' market momentum and help the company continue to develop
technology that self-heals cloud native infrastructure by codifying security
throughout the development lifecycle.
"We envision a
world where organizations can innovate with confidence-and our mission is to
fill the gap between benefit and threat by enabling cyber resilience as
organizations embrace cloud native infrastructure," said Accurics Co-founder
& CEO Sachin Aggarwal. "We're gratified by the level of support from
investors and customers, and we pledge to continue developing solutions that
meet this critical need."
As more
businesses embrace the cloud, cyber resilience becomes increasingly critical.
The core security issue with cloud native infrastructure is that it's
programmatically built and provisioned using Infrastructure as Code; the manual
approaches to security currently in place can't keep pace with the high
velocity of change. Accurics rises to the challenge with technology that
programmatically detects and mitigates risks before infrastructure is
provisioned (which dramatically reduces the attack surface from the beginning),
monitors the infrastructure in runtime for changes by authorized or malicious
users, and programmatically mitigates a variety of risks. Accurics self-heals
cloud native infrastructure by codifying security throughout the development
lifecycle.
"As cloud
breaches continue to increase in velocity and scale, it's apparent that cloud
security techniques must evolve to become programmatic, continuous, and
comprehensive," said Sunil Kurkure, Managing Director at Intel
Capital. "Accurics
provides these advantages by self-healing cloud infrastructure which is
essential to cyber resilience and we are excited to participate in supporting
the next phase of the company's growth."
Patrick Heim,
Partner & CISO, ClearSky said: "ClearSky Security Fund invests
in transformative security solutions. The Accurics approach clearly meets this
objective in that it transforms cloud security from being mostly reactive into
being proactive, continuous, and integrated into DevOps processes. We believe
Accurics has the potential to drastically enhance existing expectations of
cloud security."
In just six
months, the company has seen tremendous industry interest in its innovative
technology. Accurics champions the belief that protecting cloud native
infrastructure requires mitigating risks in Infrastructure as Code (IaC) early
in the development lifecycle and maintaining that posture in runtime by
eliminating risks from changes. Risks must be identified by monitoring for
policy violations, as well as by performing threat modeling to identify
potential breach paths; and enabling "self-healing" to remediate and apply
fixes.
Satish Grandhi,
VP, Fellow & Chief Architect at Pulse
Secure, which is used
by 80% of the Fortune 500 to deliver secure access solutions for people,
devices, things and services said: "We know very well from our work in the
cloud that while development efforts build on steady innovation, many aspects
of cloud security still rely on legacy tools and strategies. The only true path
to cyber resilience in the cloud is to match the programmatic detection of
risks with a programmatic response through Infrastructure as Code. This is Accurics'
key differentiator, and it has the potential to greatly raise current
standards."
"Cloud technologies in general have matured much faster than
security architectures, and that gap represents a fundamental risk,"
said Doug Cahill, Vice President & Group Director, Cybersecurity
at Enterprise Strategy Group. "The
Accurics approach promises to close that gap with the level of automation
required to secure vigorous innovation."
The funding
follows important technology integrations with multi-cloud infrastructure
automation software provider HashiCorp, software development platform leader GitHub and DevOps platform provider CircleCI, among others.