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Security analytics platform Uptycs raises $30M in Series B financing


Cybersecurity1
Image credit: Mike MacKenzie, Flickr (CC BY 2.0)

As companies adjust to remote workforce operations, Waltham startup Uptycs has raised $30 million in Series B to identify security breaches as they happen. The funding round was led by Sapphire Ventures, with participation from existing investors Comcast Ventures and ForgePoint Capital.

This round of capital brings the company’s total funding to $43 million.

Founded in 2016 by former chief architect at Akamai Ganesh Pai, Uptycs's endpoint security platform is based on osquery. Osquery is an operating system instrumentation framework for Windows, Mac and Linux. Uptycs' platform can perform intrusion detection, vulnerability management, incident investigation, workload protection, as well as security audits.

thumbnail_Ganesh Pai Uptycs Picture 2
Uptycs founder and CEO Ganesh Pai. Image provided by the company

“We’re excited to lead the Series B financing round for Uptycs, and believe that Ganesh Pai and his team have started on a journey to become a company of consequence,” said Sapphire Ventures managing director and president Jai Das in a statement. “Uptycs is one of the first to apply SQL-powered innovation to security analytics, democratizing security analytics and enabling anyone with SQL knowledge to become a security analyst. This helps solve a critical cybersecurity need for enterprises, which is the lack of security analysts needed for security operations centers.”

The company also collects, aggregates and analyzes your endpoint telemetry and transforms it into dashboards, reports and alerts that enable teams of any size to develop a continuous and proactive security posture.

Uptycs' clientele includes fintech and other SaaS providers including San Francisco cybersecurity company Lookout and DevOps platorm, GitLab.


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