D3 Security Raises $10M in Funding

D3 Security

D3 Security, a Vancouver BC, Canada-based platform focused on security orchestration, automation and response (SOAR), raised $10M in funding.

The round was led by Vistara Growth. The $10M USD will be augmented by a $5M credit facility from a major financial institution, raising the total funding to $15M. John O’Donoghue, Vistara Growth Investment Director, and Vistara Growth Founder and Managing Partner Randy Garg will join D3 Security’s board as part of the investment.

The company intends to use the funds to continue to innovate through product development, scale to support its base of clients and partners, and expand sales and marketing efforts to capture the global demand for SOAR.

Led by President Gordon Benoit, D3 Security provides a platform that combines automation and orchestration across 360+ integrated tools with the proactive response capabilities of MITRE ATT&CK. D3’s codeless playbooks automate enrichment and remediation tasks, while making it easy for users to build, modify, and scale workflows for security operations, incident response, and threat hunting.

The investment coincides with D3’s imminent release of XGEN SOAR, which features intuitive configuration, testing, and operation and codeless playbooks that allow users to drag and drop complex automated sequences and product integrations into workflows.

FinSMEs

31/08/2021