Demisto Closes $20M Series B Funding
Summary
Demisto, Inc., a Cupertino, Calif.-based Security Operations technology company, closed its $20m Series B round of funding.Backers included Accel, Slack Fund and other strategic investors.The company, which has raised $26m in total funding, intends to use the capital to expand operations to accelerate new product innovation and customer rollouts, and ramp sales and marketing.Led by Slavik Markovich, CEO, Demisto provides an incident response management, automation, and real-time collaboration platform across security teams.The company has also released general availability of Demisto Enterprise 2.0, whose new capabilities enable customers to integrate threat feeds with Demisto to manage indicators and automate threat hunting operations.
Funding
Amount
$20.0M
Total raised
Date
February 9, 2017
Announcement date
Investors
Accel
Lead investors
Company
http://www.demisto.com
Funded company
Classifications
industries
No industries detected
applications
Collaboration & Communication
AskAI Classifications
Labels
No AI classifications detected
Linked Companies
Demisto
$50M to $100M