Home Venture Capital Anvilogic Closes $45M Series C Funding

Anvilogic Closes $45M Series C Funding

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Anvilogic

Anvilogic

Anvilogic, a Palo Alto, CA-based provider of a multi-data platform SIEM, raised $45M in Series C funding.

The round was led by Evolution Equity Partners, with participation from existing investors Foundation Capital, Cervin Ventures, Myriad Ventures, Point72 Ventures, Outpost Ventures, Stepstone Group, and G Squared.

The company intends to use the funds to o expand its generative AI features for additional use cases across the entire Security Operations Center (SOC) lifecycle and scale up its go-to-market efforts.

Co-founded by Karthik Kannan & Deb Banerjee, Anvilogic enables detection engineers and threat hunters to keep using their existing SIEM while adopting a scalable data lake for high-volume data sources and advanced analytics use cases. The system allows security leaders to join the rest of the enterprise on the modern data stack without disrupting existing processes. Security operations teams at banks, airlines, and large tech companies use its modular detection engine, thousands of curated threat scenarios, and AI security copilot to detect threats at scale and save millions of dollars.

Commenting on the news, Karthik Kannan, said: “To raise this growth round at this moment in time is a validation of our multi-data platform approach and success in the enterprise market. We look forward to further streamlining operations for the SOC as we continue building out additional generative AI capabilities.”

FinSMEs

19/04/2024

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