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Oak9 Lands $eight Million in New Enterprise Funding

By SecurityWeek Information on June 30, 2022

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Chicago-based Infrastructure-as-Code (IaC) startup oak9 has attracted new curiosity from enterprise capitalists with Cisco Investments and Morgan Stanley’s Subsequent Degree Fund becoming a member of a brand new $eight million funding spherical.

The most recent financing, led by current investor Menlo Ventures, brings the overall raised by oak9 to $14 million following a $5.9 million seed spherical the corporate closed final June.

The corporate mentioned it’ll use the funds partially to develop its free Neighborhood Version and assist launch a next-gen Safety as Code providing.

“It’s a important time within the IaC safety area,” mentioned oak9 co-founder and CEO Raj Datta. “We’re seeing it all around the market: corporations merely can’t rent sufficient safety engineers to make sure correct safety of their IaC and cloud environments.”  

Datta and his traders are betting that automated instruments can present reduction to companies trying to scale back prices and publicity to hacking assaults

Oak9 markets a platform that can be utilized by safety groups to search out, analyze, and remediate safety and compliance points in real-time, as modifications happen in Infrastructure as Code (IaC) and deployed cloud workloads. 

Associated: Oak9 Launches Infrastructure-as-Code Safety Platform With $5.9M Funding

Associated: LimaCharlie Banks $5.45 Million in Seed Funding

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