Revelstoke Closes $20 Million Series B

SAN JOSE &&num;8212&semi; Revelstoke Security, creators of the first Security Orchestration, Automation and Response (SOAR) platform built on a Unified Data Layer, has closed &dollar;20 million in Series B funding&period; The round was co-led by SYN Ventures and ClearSky Security, with contributions from Rally Ventures, and Crosslink Capital&period;&NewLine;Revelstoke is the first cybersecurity automation company to build a SOAR solution using a common data language – the Unified Data Layer – which acts like a Rosetta Stone, enabling disparate data and systems to seamlessly integrate&period; This allows for faster, smarter, more efficient security operations, so that organizations can more effectively defend against cyber threats&period;&NewLine;The investment comes at a time of rapid growth for Revelstoke&period; In its first year, the company reports adding a host of key enterprise customers including leading global financial services organizations, manufacturers, educational institutions, technology companies and managed services providers&period;&NewLine;&&num;8220&semi;With Revelstoke, we rethought security automation from the ground up to create the first next level SOAR platform,&&num;8221&semi; said Bob Kruse, Revelstoke CEO and Co-Founder&period; &&num;8220&semi;It&&num;8217&semi;s low code, high speed, and thanks to the Unified Data Layer you can integrate anything&period; That means analysts can automate everything, and finally focus on protecting their organizations from threats, instead of writing code&period; And, because we have case management built in, incident response is seamless, and organizations can easily prove compliance as new regulations emerge&period;&&num;8221&semi;&NewLine;&&num;8220&semi;It&&num;8217&semi;s self-evident that reliance on manual processes in the SOC is both unsustainable and increasingly ineffective&period; The first generation of SOAR products validated the demand for automation but were unfortunately difficult to implement as well as maintain&period; Analysts are ready for a next generation SOAR product, one that enables the quick implementation of &&num;8216&semi;out of the box&&num;8217&semi; playbooks and workflows&period; Revelstoke is that product,&&num;8221&semi; said Patrick Heim, SYN Ventures Managing Partner&period; &&num;8220&semi;It&&num;8217&semi;s simple and intuitive on the front end with no-code playbooks and a sophisticated abstraction layer that frees playbook logic from being bound to specific tools&period; We believe Revelstoke is poised for significant growth&period;&&num;8221&semi;&NewLine;The &dollar;20 million investment will allow Revelstoke to expand and enhance its Next Level SOAR platform, increase the number of out-of-the-box integrations, expand its team and deepen its presence to support global enterprises&period; In addition, Revelstoke will expand its channel partner program, building strong relationships with other leading security product companies and managed services providers&period;&NewLine;

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