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Home > Cloud Computing > StackRox secures $26.5 million in funding

StackRox secures $26.5 million in funding

StackRox announced that the company has secured an additional $26.5 million in funding.

Erdem Yasar by Erdem Yasar
September 11, 2020
in Cloud Computing
1 min read
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StackRox secures $26.5 million in funding
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Container and Kubernetes security provider StackRox announced an additional $26.5 million in funding and achieved more than 240% revenue growth in the first half of the year. The funding round was led by Menlo Ventures with participation from Highland Capital Partners and Hewlett-Packard Enterprise along with StackRox’s existing investors, Sequoia Capital, and Redpoint Ventures.

Kubernetes-native architecture

Kamal Shah StackRox CEO
Kamal Shah StackRox CEO

StackRox’s Kubernetes-native architecture allows companies to easily adapt to changing business conditions and secure their cloud-native applications. The company also stated that first-half revenue results exceeded the company’s pre-pandemic goals. The funding will be used to accelerate growth, expand in key geographies such as EMEA, and support R&D efforts to continue its innovation in Kubernetes-native container security and compliance.

Kamal Shah, StackRox CEO said,

“Companies are adopting containers and Kubernetes at a record pace to enable the rapid application development that’s needed for business innovation. The pandemic has heightened the urgency for innovation, and remote work has added far greater security demands. Our Kubernetes-native solution enables a true Security-as-Code approach to DevSecOps and protecting cloud-native applications, delivering security that is built in, not bolted on. As a result, we’re seeing substantial growth in demand for our Kubernetes-native security platform compared to legacy container security solutions.”

See more Cloud Computing News


Tags: Kamal ShahStackRox
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Erdem Yasar

Erdem Yasar

Erdem Yasar is a news editor at Cloud7 News. Erdem started his career by writing video game reviews in 2007 for PC World magazine while he was studying computer engineering. In the following years, he focused on software development with various programming languages. After his graduation, he continued to work as an editor for several major tech-related websites and magazines. During the 2010s, Erdem Yasar shifted his focus to cloud computing, hosting, and data centers as they were becoming more popular topics in the tech industry. Erdem Yasar also worked with various industry-leading tech companies as a content creator by writing blog posts and other articles. Prior to his role at Cloud7 News, Erdem was the managing editor of T3 Magazine.

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