Capital One Ventures partners with Securonix on cloud-native security analytics in $24M deal

11 Mar, 2021

Capital One Ventures partners with Securonix on cloud-native security analytics in $24M deal
Photo by Nastuh Abootalebi on Unsplash

Capital One has invested $24m in Securonix, a security startup that has developed a cloud-based security information and event management (SIEM) platform.
– Securonix has created a SaaS-based security analytics suite of tools that reduces infrastructure costs and allows for greater scalability.
– Those tools gather data that is fed to the company’s 450 security analysts who help track vulnerabilities and attacks.
– But according to Securonix CEO Sachin Nayyar, the company is beefing up its AI and machine learning capabilities to augment that work so more of it can be automated.
– Emmanuel said Capital One knows it needs greater automation to meet the growing pace of cyberattacks.

Analytics Cloud Infrastructure Cyber Security North America Software
Crunchbase icon

Content report

The following text will be sent to our editors: