Swimlane, a Denver, CO – based independent provider of security orchestration, automation and response (SOAR) solutions, raised $40m in funding.
The round was led by EIP.
The company intends to use the funds to accelerate partnerships and alliances, expand research and development, and enable further global expansion.
Led by newly appointed CEO James Brear, who was previously CEO of Veriflow, which was sold to VMWare in August 2019, Swimlane provides security orchestration, automation and response (SOAR) solutions, which allow organizations to address all security operations (SecOps) needs, including prioritizing alerts, orchestrating tools and automating the remediation of threats—improving performance across the entire organization. The company has operations throughout North America, Central America, Europe, the Middle East and Australia.