Anvilogic Announces $25 Million in Series B Funding to Modernize Security Operations

New investors include Outpost Ventures – a Neuberger Berman fund, Xerox Ventures, and G Squared. Continuing investors include Foundation Capital, Point72 Ventures, and Cervin Ventures.

PALO ALTO, Calif., July 21, 2022 /PRNewswire/ — Anvilogica modern Security Operations Platform that powers the cloud-based security data lake, the company announced today $25 million Series B funding. The round was led by Outpost Ventures – a Neuberger Berman fund, with participation from Xerox Ventures, G Squared, Foundation Capital, Point72 Ventures and Cervin Ventures. This round brings Anvilogic’s total funding to $40 million.

“In this emerging new world of cloud-first applications and multi-cloud workloads, it’s important to drive a similar modernization in security operations architectures, particularly when it comes to understanding signals from newer cloud applications and connecting them to consolidate a complete picture of the threat landscape. Additionally, building and operating a security data lake is becoming mainstream to deliver threat identification and triage automation for the SOC,” said Karthik Kannan, Founder/CEO of Anvilogic. “Businesses need a bridge to the modern world because there is so much knowledge and institutional investment that cannot be discarded overnight in favor of a new architecture. This is exactly what Anvilogic delivers – an automation platform that bridges the legacy world to the cloud world and transformed security operations into a new, cloud-based modern architecture.”

Anvilogic is a cloud-based, modern, and automated Security Operations Center (SOC) platform. It enables security operations to work with on-prem, hybrid and multi-cloud workloads as well as security data lakes, while automating most traditional security workflows – detect, hunt, triage and respond – all on a single platform. Security practitioners no longer need to worry about disparate tools or coding in tool-specific languages. Instead, they can operate on a single discovery and response continuum that is fully context-enriched and integrated with downstream ticketing and case management systems like ServiceNow.

Purpose-built for security teams of security professionals, Anvilogic is designed to eliminate the legacy approaches of traditional SIEMs. AI-driven, community-connected threat detection, investigation and response capabilities help customers quickly navigate the threat detection journey, from maturity scoring to alerts to action, and create a modern, future-proof that SOC.

“We are happy users of the Anvilogic SOC platform – it gives us the perfect force-multiplier effect we need in our detection engineering automation, and we look forward to traveling with their hunting and testing capabilities this year.”
Steven SternsSenior Director of Information Security at eBay

“The Anvilogic Threat Detection Platform uses robust industry frameworks like MITER ATT&CK to empower SOC analysts to overcome the high-noise, low-signal problems that plague most SIEMs in use today. Anvilogic team is customer focused and their modern SIEM approach is an extension of our team and helps us stay defensive against any adversary.”
Mark EgglestonCISO at a leading global business services company

Anvilogic builds strong partnerships on the journey to be a leader in the automation and modernization of security operations. Anvilogic’s primary partner, and market leader, in providing security data lakes is Snowflake, on which platform Anvilogic has built an architecture for transforming enterprise security.

“Anvilogic’s rapid growth is a testament to their commitment to solving the tough challenges facing the industry and its customers. Snowflake looks forward to continuing to mobilize the world’s data in partnership with Anvilogic by delivering of a security data lake approach that bridges legacy enterprise stacks with modern cloud architecture, lowering costs and improving the overall security posture of our joint customers.”
Omer SingerHead of Cybersecurity Strategy, Snowflake

New investors, Outpost Ventures – a fund of Neuberger Berman, and Xerox Ventures, see the innovative and promising nature of Anvilogic’s automation platform. Their support, network, and knowledge of the security industry will benefit Anvilogic in our growth over the next several years.

“The Neuberger Berman team will appreciate Anvilogic’s ability to leverage data and alerts from various sources and apply artificial intelligence to accelerate SOC analysts by automating the detection process of advanced threats and successfully testing them. I’ve known Karthik from the very beginning of this venture and the Neuberger Berman investment represents a continuation of my belief in the company. I’m excited to double down on the product and strong, positive customer feedback. Karthik and the Anvilogic team are at the forefront of enterprise securing and SOC innovation. This team has the technical and industry chops to build the next big thing in the market this.”
David DubickPartner at Outpost Ventures, a Neuberger Berman fund

“Anvilogic’s AI-driven purpose-built platform automates detection, hunt, triage and response workflows and helps SOC teams mitigate threats. cloud data environments.”
Dean MaiInvestment Director at Xerox Ventures

About Anvilogic:

Anvilogic is a Palo Alto based cybersecurity startup founded by veterans from across the security industry. Our mission is to help unify people, processes, and technology in the Security Operations Center and the business to protect organizations from cybersecurity threats. Anvilogic’s modern SOC Platform enables efficiency by unifying and automating threat detection and incident response so security teams can quickly detect, catch, triage, and respond to threats.

Media Contact:
Danielle Ostrovsky
Hi-Touch PR
410-302-9459
[email protected]

SOURCE Anvilogic

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