Cyber startup StackRox raises $14 million in round led by Sequoia
company has several paying customers, including the US federal government
Shipping containers are seen at the Port Newark Container Terminal near New York City July 2, 2009. PHOTO: REUTERS
Cyber-security startup StackRox said on Tuesday it has raised $14 million in a Series A funding round led by Sequoia Capital, providing the three-year old company with funds to use for product development and expansion of its sales team.
The Mountain View, California-based company also unveiled its first product: software for securing the contents of "containers," which are stacks of software that make it more efficient to run multiple applications on top of a single operating system.
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Chief Executive Sameer Bhalotra told Reuters that the company has several paying customers, including firms in the finance, media and technology industries as well as the US federal government.
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Bhalotra, former White House senior director for cyber security under former US President Barack Obama, declined to say how many customers are using the software.
The Mountain View, California-based company also unveiled its first product: software for securing the contents of "containers," which are stacks of software that make it more efficient to run multiple applications on top of a single operating system.
1,500 startups graduate Y Combinator’s online school
Chief Executive Sameer Bhalotra told Reuters that the company has several paying customers, including firms in the finance, media and technology industries as well as the US federal government.
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Bhalotra, former White House senior director for cyber security under former US President Barack Obama, declined to say how many customers are using the software.