Cloud-native runtime security startup Spyderbat this week announced that it has raised $10 million in Series A funding, which brings the total raised by the company to $14 million.

The funding round was led by NTTVC, with participation from Benhamou Global Ventures, LiveOak Venture Partners, and an angel investor.

Founded in 2019 and headquartered in Austin, Texas, Spyderbat offers a SaaS platform that provides organizations with runtime visibility across Kubernetes, container and VM environments.

Spyderbat’s solution also helps customers understand runtime behavior of builds and provides them with runtime intrusion prevention, to protect against supply-chain attacks, compromised credentials, and malware.

The platform also produces continuous actionable intelligence updates, which Spyderbat uses to stop attacks targeting known vulnerabilities, build detections mapped to MITRE ATT&CK techniques, and create packaged baseline policies.

Spyderbat plans to use the new investment to accelerate product development and expand its go-to-market activities.

“What separates Spyderbat is a complete understanding of runtime activities to recognize new workload behaviors or connect threat indicators to each other and their root cause. This context enables early detection and accuracy, with a thorough understanding of the intrusion that enables automation to block it,” Spyderbat co-founder and CTO Brian Smith said.

By Ionut Arghire on Wed, 26 Oct 2022 13:43:35 +0000
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