- Cloud-native cybersecurity provider SKOUT CYBERSECURITY announced that it raised $25 million in Series B funding led by ClearSky
SKOUT CYBERSECURITY — a cloud-native cybersecurity provider for small and mid-sized businesses (SMBs) delivered by managed services providers (MSPs) — announced it has raised $25 million in a Series B funding round led by ClearSky. RSE Ventures also participated in the funding round.
“Cybersecurity is a requirement for all companies, but not all companies have the resources or ability to build their own security team and infrastructure,” said Aidan Kehoe, the CEO and Co-Founder of SKOUT. “We are proud and excited to be working alongside a team that has seen great success in the cybersecurity industry and are confident that our focus on MSP partners will fuel this next phase of growth.”
Last year, SKOUT announced its acquisition by RSE Ventures — which is a private investment firm founded by Stephen M. Ross and Matt Higgins. And this round of funding will enable SKOUT to accelerate the company’s product development, sales, marketing, and recruitment efforts.
“In today’s era of hacking and online fraud small and midsize businesses (SMBs) are increasingly at risk,” added Jay Leek, the Managing Director of ClearSky. “As cybersecurity threats become more common for SMBs, SKOUT’s solutions help organizations implement expert-level cybersecurity, regardless of resource constraints.”
SKOUT is known for collecting information on customer devices, software, and infrastructure with sensors that can integrate with nearly any technology stack and work with nearly any device, SaaS, or IaaS. And the sensors can also be used for a variety of monitoring purposes such as network, log, and endpoint monitoring. Or it can be configured and deployed to scan for vulnerabilities and detect intrusions. Plus SKOUT’s platform monitors and protects organizations with cutting-edge analytics tools, reducing the cost, and complexity of network security and making compliance with regulatory requirements simple.
In conjunction with the financing, ClearSky Managing Director Alex Weiss is joining SKOUT’s board of directors.
