Siemplify, a New York based provider of a security orchestration, automation and response (SOAR) platform, raised $14m in Series B funding.
The round, which brought the total amount raised to date to $28m, was led by Jump Capital, with participation from existing investors G20 Ventures and 83North. In conjunction witht the funding, Jump Capital Partner Saurabh Sharma will join Siemplify’s Board of Directors.
The company intends to use the funds to further increase investments in sales and marketing as well as continued product innovation and customer success.
Led by Amos Stern, co-founder and chief executive officer, Siemplify provides security analysts with a holistic security operations platform featuring security orchestration and automation with patented contextual investigation and case management.
SOAR enables the management of disparate cybersecurity tools – including SIEM, endpoint protection, threat intelligence and more – through a single platform that helps security operations teams respond to threats faster and more effectively.
The company has offices in Tel Aviv.