Caveonix Secures Over $7 Million in Series A Funding
Summary
FALLS CHURCH, Va.--(BUSINESS WIRE)--Caveonix, the company automating compliance and security posture management for the hybrid and multi-cloud, announced it has raised $7.3 million in Series A funding. Founded in October 2017 and funded since inception by cybersecurity veterans Tim Sullivan and Kaus Phaltankar, Caveonix provides digital risk and compliance management solutions for enterprises undergoing digital transformation. “The team at Caveonix had a prescience and vision early on that the end state of digital transformation is a hybrid cloud. This funding will continue to support the flourishing partnerships Caveonix has with AWS, IBM, VMWare and Dell, and help reach more customers in the federal and enterprise markets. The industry’s first integrated hybrid cloud security platform, Caveonix reduces costs, saves time and simplifies compliance and governance by combining Cloud Security Posture Management (CSPM), a Cloud Workload Protection Platform (CWPP) and automated Governance Risk and Compliance (GRC) in a single dashboard for hybrid and multi-cloud environments.