ARMO Raises $30M To Enhance Open Source Security Platform
Israeli cybersecurity firm ARMO, announced this week the completion of a $30 million Series A funding round to enhance its end-to-end open-source Kubernetes security platform Kubescape.
The round was led by investment firms Tiger Global and Hyperwise Ventures, alongside participation from existing investors including Pitango First and Peled Ventures.
The new capital will be used to open new offices abroad, grow its international workforce, hire additional developers to upgrade Kubescape, invest in its open-source community, as well as expand its product and marketing teams.
Kubernetes is an “open-source container orchestration solution” that has grown to become the default operating system for the majority of cloud-native applications. However, open-source Kubernetes security tools are difficult to manage and lack synergy, often causing organizations to adopt closed-source proprietary solutions.
“DevOps teams are responsible for the security of Kubernetes, and they prefer to use an open-source for it, but they also need the solution to be end-to-end and fit natively into their existing stack,” said Shauli Rozen, CEO and co-founder of ARMO. “Companies are being forced to choose: either try to integrate several different open source tools together or commit to a proprietary solution that you can’t adapt, access the code, influence the roadmap, or contribute to.”
Founded in 2018 by Rozen, Leonid Sandler, and Ben Hirschberg, ARMO sought to fill the platform’s security gaps by developing Kubescape, the first end-to-end open source for developers working with the Kubernetes security platform.
According to the company, “Kubescape scans configuration files (i.e. YAML and Helm), Kubernetes clusters, and worker nodes for misconfigurations and known vulnerabilities based on NSA-CISA hardening guidance, MITRE ATT&CK, and other DevOps frameworks and vulnerability databases, calculating risk scores and trends.” To date, it has garnered tens of thousands of users with more than 2,500 registered users accessing Kubescape as a cloud SaaS.
“Kubernetes is open source, and Kubernetes security should be open source too, following the same culture of transparency and collaboration,” said John Curtius, partner at Tiger Global. “ARMO is unique because they’re committed to a complete open source security solution for Kubernetes, so everyone can benefit from – and contribute to – the most secure platform available.”