Cloud security startup Altitude Networks Inc. today said it has raised $9 million in new funding.

The Series A round was led by Felicis Ventures and included Slack Fund, Accomplice and Alex Stamos, the former chief security officer at Facebook Inc.

Founded in 2018 by former Twitter Inc. Chief Information Security Officer Michael Coates and Amir Kavousian, formerly the chief data scientist at Capital One Financial Corp., Altitude Networks has developed cloud collaboration software designed to stop unauthorized access, accidental or malicious sharing and theft.

Using machine learning and data science, the company’s offering monitors privileged and sensitive materials for potentially damaging sharing, such as legal documents, internal financial data, or confidential product roadmaps shared with unauthorized internal or external accounts or even personal Gmail accounts.

Altitude Networks’ solution is designed to support multiple software as a service applications, initially beginning with G Suite and Box before recently expanding to offer support for Office 365, Slack, Salesforce and others. Ease of use is one of its key selling points with customers being able to integrate Altitude into their cloud environment in less than 30 minutes with an initial discovery of critical risks in a matter of hours.

“To date, companies are blind to file sharing activities in the cloud, visibility of critical risks, or capabilities for remediation across popular cloud collaboration platforms,” Coates said in a statement. “I experienced these challenges first hand as a CISO. We built Altitude so that businesses could say yes to the cloud, and the inherent collaboration benefits, without compromising security best practices around data access control and protection.”

Coming off the back of a strong venture capital market, cybersecurity-related investment has been highly popular lately. Notable recent VC rounds in the space include $9 million for Confluera Inc., $5 million for DataGrail Inc. and $23 million for Trinity Cyber Inc., and that’s just in the last three days.

Including the new funding, Altitude Networks has raised $11 million to date.

Image: Altitude Networks