Averlon Raises $10.5M in Total Funding


Averlon, a Redmond, Wa-based cloud security company, raised $8M in Seed funding.

The round, which brought the total amount to $10.5M, was led by Voyager Capital with participation from Salesforce Ventures and Outpost Ventures, along with CISOs and industry leaders.

The company intends to use the funds to expand operations and its development efforts.

Led by CEO Sunil Gottumukkala, Averlon aims to help enterprises understand, predict, and prevent emerging cloud security threats. The company provides CISOs and security teams with panoptic visibility, predictive attack intelligence and rapid remediation, while integrating with other security solutions. Customers can use its attack chain analysis to narrow the scope of the investigation and simplify the process of determining the impact, so security teams can move quicker to contain, eradicate, and recover from incidents.