Cybersecurity company CloudPassage raises $25.5 million
CloudPassage is a cybersecurity company that has raised $25.5 million in Series C funding led by Shasta Ventures. This funding round included new investors Meritech Capital Partners and Stephen Luczo (Seagate CEO). It also included participation from existing investors Tenaya Capital, Benchmark Capital and Musea Ventures. CloudPassage has raised a total of $53 million.
CloudPassage’s Halo is a security automation platform that is built for the cloud and delivers security. It also offers compliance for large-scale, distributed environments. CloudPassage is used for protecting over 400 production cloud application deployments, including many Fortune 1000 enterprises.
“The combination of agility and immediate scalability make cloud infrastructure a powerful strategy that is being rapidly adopted in every industry. These same characteristics create complexity for security and compliance. Halo was built to be as scalable, automated and agile as the cloud itself,” stated Carson Sweet, CEO of CloudPassage. “We’re excited to welcome our new investors as we continue to enable enterprise cloud adoption and enter the next phase of our company’s growth.”