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Confluera secured $20 million in Series B Funding from Icon Ventures

Confluera secured $20 million in Series B Funding from Icon Ventures

Confluera

Confluera, a Palo Alto, California based cybersecurity company, has now secured $20 million in Series B funding round.

Confluera is founded by the Niloy, Abhijit, and Bipul. It provides an enterprise security platform featuring a broad range of autonomous capabilities that track ongoing cyber threats and intercept them before any damage occurs.

Executive Opinion

Abhijit Ghosh Co-Founder & CEO of Confluera, said, “Confluera’s growth comes at a critical juncture for the security industry, when a new normal is shaping up across all verticals. Now more than ever before, we see the need for a platform that has end-to-end visibility across the enterprise infrastructure to identify cyberattacks in real-time and mitigate them. Our customer traction demonstrates the latent market demand for innovation in autonomous capabilities to protect enterprise assets.”

Preeti Rathi, the Managing Partner at Icon Ventures, said, “We partner with world-class teams building category-defining companies in large markets. Confluera’s capabilities bring much-needed self-directed intelligence and independence, which helps create the crime scene as it is happening, so security operators can focus on response. We are very excited about our partnership in this journey.”

Confluera's Latest Funding

The round was backed by the Icon Ventures with the participation from existing investors, which includes the Lane Bess, Lightspeed Venture Partners, and John W. Thompson.

Post funding, Preeti Rathi, the Managing Partner at Icon Ventures, will join the Confluera Board of Directors team.

The company, as of now, has plans to use the funds to expand operations and business outreach.

PC: Pablo, Unsplash

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Udit Agarwal Opinions expressed by techsutram contributors are their own. More details

Udit Agarwal is a Digital Marketer and a Content Marketing Specialist, He enjoys technical as well as non-technical writing. His passion and urge for gaining new insights on gadgets, smartphones and technology has led him to Techsutram. He quenches his thirst for technology through his action oriented writing skills and a profound ability to stay up to date with latest industry trends.

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