2 years ago
Cado Security Secures $20 Million for Cloud Forensics Platform Expansion
Cado Security, a London-based cloud forensics and incident response platform provider, has raised $20 million in Series B funding led by Eurazeo, with participation from Ten Eleven Ventures
This brings the company's total funding to $31.5 million
Cado Security's cloud-based solution automates forensic-level data capture and processing across cloud, container, and serverless environments, and they have offices in the US and UK
The company plans to use the new funds for global expansion, product development, and sales and marketing efforts.
ProblemTechnology
"Companies are struggling to efficiently investigate security incidents in complex cloud environments, making them vulnerable to attacks and data breaches."
Solution
"Cado Security offers a platform that automates forensic data capture and processing across cloud, container, and serverless environments, enabling rapid incident response and faster time to resolution."