Demisto Closes $20M Series B Funding Round

Demisto_LogoDemisto, Inc., a Cupertino, Calif.-based Security Operations technology company, closed its $20m Series B round of funding.

Backers included Accel, Slack Fund and other strategic investors. As a part of this round, ClearSky Managing Director Jay Leek joined Demisto’s Board of Directors.

The company, which has raised $26m in total funding, intends to use the capital to expand operations to accelerate new product innovation and customer rollouts, and ramp sales and marketing.

Led by Slavik Markovich, CEO, Demisto provides an incident response management, automation, and real-time collaboration platform across security teams.
The company has also released general availability of Demisto Enterprise 2.0, whose new capabilities enable customers to integrate threat feeds with Demisto to manage indicators and automate threat hunting operations.
Demisto also has offices in Tel Aviv.



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