- Cloud-native security platform company Valtix announced it raised over $14 million
- Trinity Ventures, Vertex Ventures, and Wing Venture Capital participated in this round
Valtix, a cloud-native security platform company, announced it raised over $14 million from Trinity Ventures, Vertex Ventures, and Wing Venture Capital. Valtix also unveiled the first cloud-native network security platform in the industry called the Valtix Security Platform. Through this platform, Valtix is breaking down the security barrier for large-scale cloud adoption for enterprises.
Enterprises are using one or multiple clouds as part of rapid enterprise cloud adoption. And in a recent Gartner survey of public cloud users, 81% of respondents said they are working with two or more providers. As organizations are shifting and launching new applications in the cloud at an accelerating rate, they are faced with a growing surface area to protect and data center cloud sprawl that is difficult for security teams to control at an enterprise-wide level.
“As today’s enterprises move to the cloud and face multi-cloud sprawl, they have a difficult security decision to make – being agile and naked or rigid and secure,” said Valtix co-founder and CEO Vishal Jain. “Organizations need a solution that provides the enterprise network security they need to move at the ‘speed of the cloud.’ We founded Valtix to offer a third choice – a set of security services built specifically for the cloud that can unify multi-cloud security for greater visibility, agility, and performance.”
Valtix was founded by Jain, chief architect Praveen Patnala, and CTO Vijay Chander. Jain previously held positions at Cisco, Akamai, Conviva, Microsoft, and Inktomi. Patnala was previously a software engineer at Google, Bloomreach, LaserLike, Cisco, and Yahoo! And Chander was a founder engineer at Insieme Networks (acquired by Cisco), founding engineer at Embrance (acquired by Cisco), Sr. Technical Leader Andiamo Systems (acquired by Cisco).
“Valtix really changed the game for how we secure applications in the cloud,” added Leo Mata — the manager of Tech Ops and Infosec for Backcountry. “We love how simple it makes adapting security automatically to our workloads.”
What makes Valtix different from traditional network security appliances is that those require intensive scripting for orchestration and scalability. And the Valtix Security Platform runs as a cloud native service and targets lowering the pain of security management and accelerating security agility. Plus the platform automatically discovers new applications that run in the cloud and automatically follows these applications to ensure the right inline security rules and protections are applied.
Valtix is comprised of the Valtix Cloud Controller and Valtix Cloud Firewall. And Valtix is revolutionizing inline cloud network security with innovations that make visibility and enforcement automatic at the pace of the applications they protect.
These technologies have three essential features including cloud-native (possesses all of the attributes of a cloud-native capability such as automated app discovery and elastic scaling, native multi-cloud support, automatic adaptation, and pay-as-you-go pricing), unified (unified application-inventory, consolidated security across TLS, advanced firewall, IPS, WAF, etc. with a single policy across clouds that follows the application), and high-performance (high throughput and low latency, rapid and automatic response to application deployment, change and growth).
The controller supports deployments for AWS and Azure and GCP. And the firewall is architected with built-in auto scale, app-aware security policy and a single-pass pipeline for TLS, advanced FW, IPS, advanced WAF etc. — which operates on a variety of cloud instance types from basic to the most advanced.
“We are inspired by Valtix’s audacious vision of being the first cloud-native network security platform,” explained Trinity Ventures general partner Karan Mehandru and Valtix Board Member. “In an industry that has been riddled with incremental products, we are honored to partner with Valtix on their mission to bring a truly transformative and holistic solution to market. Driven by deep and authentic market understanding, the Valtix team is uniquely positioned to give customers the security and protection they deserve as they move to the cloud.”
