Veriti raises $18.5M for cybersecurity posture platform

Cybersecurity startup Veriti announced that it has emerged from stealth and raised $18.5 million in funding from two investors, according to TechCrunch. The company sad it would use the capital to scale business operations and continue developing its product. The Veriti platform integrates with an enterprises security stack and assesses its logs, security configurations, sensor telemetries and threat intelligence feeds to gain insight into its current risk posture. Using artificial intelligence, the platform informs users of events that are potentially reducing business uptime, as well as identifies the root cause of the issues and provides suggestions on security policy changes that would address them. Enterprise security posture is usually sub-optimal. This is due to many reasons, including tool sprawl, increased complexity, massive amounts of data and limited resources, said Veriti co-founder Oren Koren. This is what inspired us to build Veriti's platform -- to address these complexities and help IT and security stay on top of this challenge.