Realm.Security: Security Fabric Solution Company Raises $5 Million (Seed)

By Amit Chowdhry • Sep 20, 2024

Realm.Security – a security fabric company purpose-built for cybersecurity – announced that it has emerged from stealth and raised $5 million in seed funding from Accomplice and Glasswing Ventures to control the explosion of cybersecurity data inundating security teams. Founded by a team of cybersecurity veterans with decades of experience building and scaling some of the most influential companies in the industry, Realm transforms sprawling security data into a unified, intelligent entity that allows security teams to effectively manage cost and escape vendor lock.

Security teams have rapidly adopted new defensive technologies in the past decade to protect their evolving digital footprint and corresponding attack surface. And these additional solutions have resulted in an explosion of data volume, velocity, and variety, leading to runaway data management costs and overwhelming data logistics challenges for defenders.

Realm addresses the massive amounts of security data by integrating and managing data from different sources and formats through emerging AI and data processing capabilities. Realm enables security teams to normalize, suppress, route, and enrich all data sources while pursuing a multi-destination strategy by setting up a single point of ingestion and management. Adopting Realm’s platform ends vendor lock for customers and concurrently delivers powerful but simple control over rising costs due to usage-based licensing models.

Realm.Security was launched by Peter Martin, Jeff Kraemer, and Sanket Choksey to address the explosion of security data and inherent challenges faced by cybersecurity teams globally. In the past three decades, the founders have been on the frontlines of innovation in security, having played crucial roles in creating, launching, and scaling technology solutions for Carbon Black, Rapid7, Confer Technologies, and Cisco Systems. The three founders have launched many successful new solutions and telemetry sources firsthand.

KEY QUOTES:

“Cybersecurity has increasingly become a data problem. In conferring with over a hundred security professionals, the volume of security data has increased between 300% and 500% in the past two years, creating an unmanageable threat as data inflows continue to scale. A shortage of talent available for the role of information security analyst further exacerbates this problem.”

-Peter Martin, Co-Founder and CEO of Realm

“For the past 15 years, security teams have collected more and more data to see and stop the adversary. Today, teams have realized that the cost, time and noise associated with all of this data actually slows response time. There needs to be a better way to ensure the appropriate data is in the right place to better secure the enterprise. We are excited to partner and support the mission Realm is relentlessly pursuing.”

-Patrick Morley, former CEO of Carbon Black and Accomplice federated partner

“We believe that pushing the boundary of what’s possible is critical when solving meaningful and inherently hard problems. Security’s hardest problem is managing large volumes of data and ensuring the right information goes to the right place at the right time. Realm is tackling a critical problem with a team of storied industry veterans who have done this before. We look forward to the journey ahead.”

-Rick Grinnell, Founder and Managing Partner at Glasswing Ventures