Aqua Security, a startup that helps possibilities birth containers securely, announced a $62 million Sequence C investment this day led by Insight Companions.
Present investors Lightspeed Challenge Companions, M12 (Microsoft’s enterprise fund), TLV Companions and Shlomo Kramer also participated. With this day’s investment, the startup’s investments since inception now total over $100 million, in response to the firm.
Early investors took an opportunity on the firm when it became as soon as founded in 2015. Containers were barely a part lend a hand then, nonetheless the founders had a imaginative and prescient of what became as soon as coming down the pike and their wager has paid off in a large plot because the firm now has first-mover advantage. As extra companiesturn to Kubernetes and containers, the want for a security product built from the flooring up to stable this roughly atmosphere is necessary.
Whereas co-founder and CEO Dror Davidoff says the firm has 60 Fortune 500 possibilities, he’s unable to portion names, nonetheless he can present some clues love five of the arena’s top banks. As companies love that turn to unusual skills love containers, they aren’t going to creep total hog without a mighty security possibility. Aqua affords them that.
“Our possibilities are all taking very dramatic steps in direction of adoption of those unusual applied sciences, and they know that existing security instruments that they’ve in assign won’t resolve the considerations,” Davidoff told TechCrunch. He mentioned that most possibilities beget started exiguous, nonetheless then beget expanded as container adoption increases.
You may per chance maybe thank that an ephemeral thought love a container would be much less of a security chance, nonetheless Davidoff says that the open nature of containerization if fact be told leaves them liable to tampering. “Container lives long ample to be bad,” he mentioned. He added, “They are structured in an open plot, making it easy to hack, and as soon as in, to enact lateral circulation. If the container holds sensitive facts, it’s easy to beget gain admission to to that facts.”
Aqua scans container shots for malware and makes obvious easiest licensed shots can swagger, making it hard for a bad actor to insert an anxious image, nonetheless the ephemeral nature of containers also helps if one thing slips thru. DevOp can simply steal down the harmful container and assign a newly licensed tremendous one rapidly.
The firm has 150 employees with places of work in the Boston house and R&D in Tel Aviv in Israel. With the unusual influx of cash, the firm plans to assemble higher rapidly, rising gross sales and marketing and marketing, buyer reinforce and increasing the platform into areas to quilt rising areas love serverless computing. Davidoff says the firm may per chance maybe double in dimension in the next 12-18 months and he’s anticipating 3x to 4x buyer growth.
All of that cash ought to silent present fuel to develop the firm as containerization spreads and companies look for a security approach to care for containers in production safe.