HomeUSASwimlane Secures $70M Growth Funding Round

Swimlane Secures $70M Growth Funding Round

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Swimlane

Swimlane, a Boulder, CO-based low-code security automation company, raised $70M in Growth funding.

The round was led by Activate Capital with participation from Energy Impact Partners (EIP) and 3Lines Venture Capital, as well as John Vanderzon, CTO of Sun Management. As part of the funding, Raj Atluru, Managing Partner at Activate Capital, will join the Swimlane Board of Directors.

The company intends to use the funds to accelerate its ongoing growth and operations on a global scale while continuing to advance its platform innovations in security automation ahead of the competition. The new investment will also accelerate the growth of Swimlane’s global partner network and create new market opportunities through partners in all major geographies.

Led by CEO James Brear, Swimlane provides a cloud-scale, low-code security automation, which unifies security operations in-and-beyond the SOC into a single system of record that helps overcome process and data fatigue, chronic staffing shortages, and quantifying business value.

Swimlane recently launched Turbine as the solution — an in low-code automation that captures telemetry and expands actionability beyond closed extended detection and response (XDR) ecosystems.

FinSMEs

06/07/2022