Cloud Conformity Raises $2.8M in Series A Financing

Cloud Conformity, a Pyrmont, Australia-based provider of public cloud infrastructure security and compliance monitoring solutions, raised $2.8m in Series A funding.

The round was led by Paladin Capital Group, with participation from Jump Capital. As part of the funding round, Tom Clute from Paladin Capital Group will join the board of directors and Saurabh Sharma from Jump Capital will join as a board observer.

The company intends to use the funds to expand current offerings for securing public cloud infrastructure to serve new customers and markets.

Co-founded in 2015 by Michael Watts and Mike Rahmati, Cloud Conformity is an early stage cloud security company providing a software platform to allow IT/DevOps staff at enterprises as well as small companies to continuously monitor and secure their AWS cloud infrastructure.
The company’s solution provides real-time threat monitoring without performance impact, a large automated best practice policy library and simplified remediation capabilities.
Its global customer base spans fifteen countries.

FinSMEs

01/08/2018

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