Security Startup Twistlock Raises $10M

July 6, 2016 | Israeli startup Twistlock, which provides security solutions to virtual containers, announced it has completed a $10 million financing round led by TenEleven Ventures. Also participating in the round is new investor Rally Ventures and existing investors YL Ventures and a strategic venture firm. Twistlock also announced that Alex Doll, founder of TenEleven Ventures, has joined its board of directors. Twistlock was founded in 2015 by CEO Ben Bernstein and VP R&D Dima Stopel, who bring extensive enterprise security expertise in both the defense and private sector; both spent more than 10 years in the Microsoft R&D center in Israel and served in the Israel Defense Force’s (IDF) intelligence corps. The company, which has moved its headquarters to San Francisco, has its development office in Herzliya. Twistlock raises $2.5 million in seed funding last year. The company has Fortune 50 firms, large enterprises, as well as innovative startups in its rapidly growing customer base.