UPDATED 09:00 EDT / FEBRUARY 08 2024

SECURITY

LimaCharlie secures $10.2M for expansion of SecOps Cloud Platform

Security operations cloud platform startup LimaCharlie announced today that it has raised $10.2 million in new funding to introduce new capabilities to its platform.

Founded in 2018 as Refraction Point Inc., LimaCharlie offers a SecOps cloud platform that allows organizations to tailor their security stack to fit their needs via an open application programming interface. Delivered as flexible infrastructure, integrations on the platform are simplified to give security teams complete control and visibility into their environments.

LimaCharlie’s platform provides automation and integration for enterprise security teams with existing continuous integration/continuous deployment pipelines, as well as other systems and feeds. Teams have access to a full-featured and well-documented REST API along with a Python CLI and can use the PULL mode data feed — an HTTPS-based data stream — to create real-time integrations.

Using the platform, users can unilaterally detect and prevent any behavior in their environment without vendor intervention by leveraging LimaCharlie’s detection, automation and response engine. The platform is customizable, allowing users to choose what should trigger a detection and decide how to respond to a threat.

LimaCharlie’s customer list includes Jumpcloud Inc., Blokworx Inc., Lyrical Security Inc., Snap Inc. and DOT Security Co. Ltd. One of LimaCharlie’s customers, an unidentified managed detection and response provider, achieved annual cost savings of $100,000 and improved their average detection and response times by 98%.

“LimaCharlie’s vision is to make security operations as flexible as the cloud made IT operations — reducing inefficiencies, security gaps and extreme costs,” Maxime Lamothe-Brassard, founder and chief executive officer of LimaCharlie, said ahead of the announcement. “This investment allows us to continue leading the paradigm shift toward the public cloud model for cybersecurity. Companies are embracing our vision for flexible, on demand security infrastructure they can leverage to consolidate tools and customize defense.”

Sands Capital Management LLC led the Series A round, with Lytical Ventures LLC also participating. Including the new funding, it has raised approximately $15.65 million to date.

Image: LimaCharlie

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