DivvyCloud Raises $19M in Funding

DivvyCloud
Chris DeRamus, CTO and co-founder of DivvyCloud, with Brian Johnson, CEO and co-founder of DivvyCloud

DivvyCloud, an Arlington, Va.-based provider of security and compliance automation for public cloud and container infrastructure, raised $19m in growth funding.

This round, which brought total funding raised to date to $29m, was led by Providence Strategic Growth with follow-on investments from existing investors MissionOG and RTP Ventures.

The company intends to use the funds to:
– make specific technological advancements to its cloud security and compliance solution, including extending policy enforcement capabilities into the continuous integration/continuous delivery (CICD) pipeline and deepening integrations with key third-party solutions to enhance orchestration, as well as
– expand sales and marketing efforts and customer success programs.

Founded in 2013 by Brian Johnson, CEO, and Chris DeRamus, CTO, DivvyCloud provides enterprises with a solution for developers to innovate through self-service access to cloud services while at the same time enhance security and compliance.
The platform allows enterprise customers to improve security, take control, and minimize risk as they join public cloud and container infrastructure. With the system, security, GRC, and operations professionals can identify risks in real-time and take automatic, user-defined action to fix problems before they’re exploited.

FinSMEs

01/05/2019

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