Phantom Raises $13.5M in Series B Financing

phantomPhantom, a Palo Alto, CA-based provider of a community-powered security automation and orchestration platform, raised $13.5m in Series B funding.

The round was led by Kleiner Perkins Caufield & Byers with participation from existing investors TechOperators Venture Capital, Blackstone (NYSE: BX), Foundation Capital, In-Q-Tel, Rein Capital, Zach Nelson, and John W. Thompson.

The company, which has raised more than $23m in total funding, intends to use the funds to accelerate growth in sales, marketing, and engineering.

Founded by enterprise security veterans Oliver Friedrichs and Sourabh Satish, Phantom provides a platform that automates and orchestrates key stages of security operations including investigation, hunting, enrichment, containment, resilient regeneration, patch & vulnerability management, and more.

Phantom supports almost every category of security technology including reputation services, endpoint technologies, sandboxes, firewalls, and common mobile, virtual and cloud-based security solutions from such partners as Cisco, McAfee, Palo Alto Networks, RSA Security, Symantec, Splunk, HPE, IBM and others.



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