Vorstack, a Software-as-a-Service (SaaS) security startup, has rasied $5.2 million in a venture round today. The investors include Glenn McGonnigle and Tom Noonan from TechOperators, EMC Ventures, and Aligned Partners, according to VentureBeat.
The SaaS tool of the Vorstack finds and acts on cyber threats that target a customer's company. Its platform is able make real time analyzation of the network attack and act on the intrusion at the same time. Real time security threat solutions are very important for security providers. However, chief executive officer (CEO) Joe Eandi stressed that the key edge of Vorstack is its automation, the report explained.
Eandi said: "We're taking automation to the next level. Our benefit is giving clients automation and control" over networks and databases... We are the first and last mile in the process of collaboration. From day one, our value proposition is that clients need control of automation."
Launched in 2012, the Los Altos-based startup employs 18 workers and is eyeing a workforce expansion. To date, Vorstack's total raised capital amounts to $8 million, VentureBeat added.
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