Cloud security platform Twistlock, which is based in Oregon but has its R&D team in Israel, announced this month it has raised $33 million in a Series C funding round to “scale its operations and build upon the leading customer and partner base” the company has established over the past three years. Twistlock has developed a cybersecurity solution that secures native cloud environments
The funding round was led by San Francisco-based venture capital firm ICONIQ Capital, with existing investors like US-Israeli VC YL Ventures, and firms like Rally Ventures, TenEleven, Polaris Partners, and Dell Technologies Capital participating in the round.
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With this new financing round, Twistlock has raised $63 million total funding to date.
“Since our first release in 2015, it’s been clear that containers and cloud native were the future – and that there was a huge gap in security platforms that not only protected these new technologies – but also leveraged them to deliver stronger defense than ever before possible. We’re proud of our leadership in the industry and the hundreds of customers protected by Twistlock today,” said CEO Ben Bernstein in a statement.
Twistlock also wants to use the money to hire more workers, inluding more employees to its R&D department in Herzliya, just outside of Tel Aviv.