Security Operations Tech Platform Demisto Raised $6m in Series A Funding

Demisto_LogoDemisto, Inc., a Cupertino, CA-based security operations technology platform, emerged from stealth mode and raised $6m in Series A funding.

Backers included:
– venture capital firm Accel,
– Cylance Founder, President and CEO Stuart McClure;
– Lookout Co-Founder and CTO Kevin Mahaffey; and
– Blue Coat President and COO Michael Fey.

In conjunction with the funding, Jake Flomenberg, a partner at Accel, joined Demisto’s board.

The company will use the funds to expand sales and marketing efforts, and to grow partner ecosystem integrations.

Founded in July 2015 by CEO Slavik Markovich, VP of Marketing Rishi Bhargava, VP of Products Dan Sarel and VP of Engineering Guy Rinat, Demisto has just launched Demisto Enterprise, its Bot-powered security ChatOps platform that automates and streamlines security operations and brings enhanced collaboration to incident management processes.

The company also has offices in Tel Aviv.



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