Fintech Fintech Funding Investment Services News

Uptycs Announces $30 Million in Funding to Deliver Next-Generation Security Analytics

Uptycs Announces $30 Million in Funding to Deliver Next-Generation Security Analytics

Uptycs, the leader in SQL-powered security analytics, announced that it has raised $30M in Series B funding led by Sapphire Ventures, with participation from existing investors Comcast Ventures and ForgePoint Capital. This round of funding brings the company’s total funding to $43 million. Jai Das, Managing Director and President at Sapphire Ventures, will join the Uptycs board of directors.

Read More: Kreditech Rebrands to Monedo as It Steps Up Growth in International Lending Markets

Uptycs is reimagining cloud workload and endpoint security with its SQL-powered security analytics platform, which is available both as a cloud service and as an on-premise deployment. Security analysts turn to Uptycs for performing intrusion detection, vulnerability management, incident investigation, workload protection, security audits and compliance checks on their server endpoints (Linux VMs, containers) in data centers and cloud providers like AWS, Azure and Google Cloud, and for their productivity endpoints such as macOS and Windows. Increasingly, site reliability engineers, incident response teams and IT professionals are also using the Uptycs platform to monitor and observe endpoints, servers and cloud workloads. Uptycs has been built to scale horizontally, and there is no other product or service in the market that is better at managing a large fleet of Osquery agents, which in turn makes it indispensable for large enterprises that are running 1000s of agents on their servers, cloud workloads and endpoints.

Read More: Jack Henry & Associates Launches Core-Integrated Accounts Receivable Financing

“Modern endpoints and cloud providers are difficult to observe and secure without real-time analysis of their streaming telemetry,” said Uptycs CEO and Founder Ganesh Pai. “Traditional endpoint and SIEM vendors are simply not able to scale and unlock instant insights. By modelling the domain of endpoint and cloud security using relational database techniques and real-time pipeline processing, we’ve created an innovative SQL-powered security analytics platform for visibility and accelerated time to insight. It is very gratifying to hear a user’s aha-moment when they realize the possibilities of the Uptycs’ platform are only limited by one’s imagination.”

Read More: Simple Announces Launch of Tax Refund Feature to Automate Savings for Customers

Related posts

Stablehouse Announces Partnership With Apex Group

Fintech News Desk

EverQuote Mourns Sudden Passing of Co-Founder & CEO Seth Birnbaum

Fintech News Desk

etoro Retail Investor Beat: Us Investors Remain Optimistic Despite Economic Anxieties

Fintech News Desk
1