Cloud Security

SOAR company led by former Facebook exec lands $35 million in Series B funding

Max Kelly, co-founder and CEO of [redacted] speaks to a CEO Roundtable recently in New York City.( Credit: [redacted])

The security orchestration automaton and response (SOAR) company [redacted] on Monday announced $35 million in Series B funding that it will use to accelerate the adoption of its advanced threat intelligence and response platform.

 Max Kelly, co-founder and CEO of [redacted], explained that the company’s unified SOAR platform and services handle the whole spectrum of security needs from attack prevention, detection and response to damage mitigation.

“Our platform gives customers continual awareness of their security posture at all times and what actions we are taking to keep them safe,” said Kelly, who held the role of chief security officer at Facebook and previously worked at the National Security Agency and U.S. Cyber Command. "The company's capabilities uniquely extend beyond cyber to include private investigation, which is extremely important to pursuing and holding the people responsible for an attack accountable.”

Kelly added that [redacted] serves as a partner to its customers to pursue and disrupt adversaries and hold them accountable in the event of an attack. The company’s customers are typically mid-to-large size organizations and high-net-worth entities. 

“Adversaries that attack companies and high net worth entities operate outside the law and elude consequences for their actions, creating an uneven playing field for defenders,” Kelly said. “Just playing defense is a losing strategy. To be truly resilient, companies need more than simple monitoring and auditing of their environments for malicious activity. We founded [redacted] to level the playing field for security-conscious organizations.”

The funding brings the total raised by [redacted] to $60 million. As a part of today’s announcement, [redacted] also named Alex Doll from Ten Eleven Ventures and Constantine Saab from Valor Equity Partners to the company’s board of directors.

Get daily email updates

SC Media's daily must-read of the most current and pressing daily news

By clicking the Subscribe button below, you agree to SC Media Terms and Conditions and Privacy Policy.