Israeli startup Twistlock, which provides security solutions to virtual containers, today announced it has completed a $10 million financing round led by TenEleven Ventures. Also participating in the round is new investor Rally Ventures and existing investors YL Ventures and a strategic venture firm. Twistlock also announced that Alex Doll, founder of TenEleven Ventures, has joined its board of directors.
Twistlock was founded in 2015 by CEO Ben Bernstein and VP R&D Dima Stopel, who bring extensive enterprise security expertise in both the defense and private sector; both spent more than 10 years in the Microsoft R&D center in Israel and served in the Israel Defense Force’s (IDF) intelligence corps. The company, which has moved its headquarters to San Francisco, has its development office in Herzliya. Twistlock raises $2.5 million in seed funding last year.
The company has Fortune 50 firms, large enterprises, as well as innovative startups in its rapidly growing customer base. Twistlock’s growth is in part due to its approach to embedding security in from the early stages of the container lifecycle. This approach enables declarative ways to implementing runtime security, which delivers tremendous benefits.
Bernstein said, "We plan to aggressively grow the business and the technology so we can continue to provide best-in-class protection for organizations adopting containers and microservices.”
Doll said, “Twistlock is poised to become the gold standard for securing containers. As we have seen with every technology transition on the scale of today’s cloud, the lack of trust can be the single biggest hurdle for adoption. "
Twistlock recently announced New York-based InVision has chosen the company to secure its container environments. “Twistlock’s initial trial in our environment greatly enhanced the protection and integrity of customer data,” said InVision’s VP information security Johnathan Hunt. “Twistlock has proven to be the only full-featured container security product capable of protecting our chosen technologies and meeting our rigorous standard of security requirements.”
Twistlock’s technology highlights include Twistlock Trust, a set of capabilities that manages container vulnerabilities and enforces compliance practices, and Twistlock Runtime, a collection of runtime functions that delivers powerful behavior analytics of containerized applications and defend against zero-day threats in the production environment.
Stopel said, “A good security protection is one that you never hear from. We aim to deliver completely automated security for the entire container stack without manual intervention and disruptive false alarms. This is what enterprises want and this is where Twistlock is headed.”
Published by Globes [online], Israel business news - www.globes-online.com - on July 6, 2016
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