Anvilogic announced the company’s $25 million Series B funding 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 is important to drive a similar modernization in security operations architectures, particularly when it comes to understanding signals from newer cloud applications and linking them to put together a complete picture of the threat landscape. Additionally, building and operating a security data lake is becoming mainstream to deliver threat detection and triage automation for the SOC,” said Karthik Kannan, Founder/CEO of Anvilogic.
“Enterprises need a bridge to the modern world because there is so much institutional knowledge and investment that cannot be discarded overnight in favor of a new architecture. This is exactly what Anvilogic brings – an automation platform that bridges the legacy world to cloud world and is transforming 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,” said Steven Sterns, Senior Director of Information Security at eBay.
“The Anvilogic Threat Detection Platform leverages 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. The Anvilogic team is customer focused and their modern SIEM approach is an extension of our team and helps us stay on the defensive against any adversary,” said Mark Eggleston, CISO 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 expects to continue to mobilize the data world in partnership with Anvilogic by delivering a security data lake approach that bridges legacy enterprise stacks with modern cloud architecture, lowers costs and improves overall security posture of our joint customers,” said Omer Singer, Head 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 appreciated Anvilogic’s ability to leverage data and alerts from various sources and apply artificial intelligence to accelerate SOC analysts by automating the process of detecting advanced threats and successful testing of them. I have known Karthik from the very beginning of this venture and Neuberger Berman’s investment represents a continuation of my belief in the company. I’m excited to double down based on the product and strong, positive customer feedback. Karthik and the Anvilogic team are at the forefront of securing the enterprise and modernizing the SOC. This team has the technical and industry chops to build the next big thing in this market,” said David Dubick, Partner 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. Xerox Ventures is committed to supporting the company as it further expands the team and continues to address the challenge of modernizing security operations in cloud data environments,” said Dean Mai, Investment Director at Xerox Ventures.