Spyderbat Raises $10M in Series A Funding

Spyderbat

Spyderbat, an Austin, TX-based cloud native runtime security company, raised $10M in Series A funding.

The round was led by NTTVC with participation from LiveOak Venture Partners, Benhamou Global Ventures, and John McHale.

The company intends to use the funds to accelerate product development and go-to-market activities.

Led by CEO Marc Willebeek-LeMair and CTO Brian Smith, Spyderbat delivers cloud native runtime security solutions to customers with intrusion prevention and mitigation. The Spyderbat SaaS platform boasts three capabilities for detecting and blocking intrusions attacking known and unknown vulnerabilities: 

  1. Runtime Visibility: Spyderbat generates live detailed mapping and historic contextual visibility across Kubernetes, container and VM environments to enable DevOps and Platform Engineering teams’ visibility to the root cause of security and operational issues.
  2. Runtime Delta: enables development teams to iterate within guard rails, using an automated understanding of runtime behavior differences between builds and environments.
  3. Runtime Intrusion Prevention: blocks attacks against cloud-native workloads throughout the software development lifecycle, including supply-chain attacks, compromised credentials, ransomware, and cryptojacking.

In addition to its core offering, Spyderbat separately announced today its Open-Source program. 

FinSMEs

26/10/2022