Swimlane Raises $23M in Series B Funding

SwimlaneSwimlane, a Denver, CO-based independent security orchestration, automation and response (SOAR) vendor, raised an additional $23m of a Series B financing round.

Energy Impact Partners made the investment, which brings Swimlane’s total raised capital to $35m.

The company intends to use the funds to accelerate its rapid innovation of SOAR capabilities, expand global alliances and continue to improve collaboration across organizations and sectors.

Led by Cody Cornell, co-founder and CEO, Swimlane is a provider of security orchestration, automation and response (SOAR) solutions to organizations struggling with alert fatigue, vendor proliferation and chronic staffing shortages. The company’s platform allows companies to address all security operations (SecOps) needs, including prioritizing alerts, orchestrating tools and automating the remediation of threats — improving performance across the entire organization.
Swimlane’s extensible solution interfaces with an organization’s existing tools while allowing users to comply with data breach laws and regulations across multiple verticals.

FinSMEs

31/05/2019

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