By Nancy Dahlberg
Miami-based startup Secberus recently announced it has raised $6.6 million in seed funding as it emerges from stealth mode with its cloud security posture management (CSPM) platform. Its investors include Florida Funders, Monitor Capital Group, TA Ventures, Trisib Capital Partners, RNP Capital, PlugandPlay Ventures, Amadeus Capital Partners and CyLon.
Funds from the round will be used for the cloud security startup’s R&D efforts and to support its product launch.
“The investment round is meant to accelerate R&D and move towards having a generally available product both with direct customers and through Secberus’ reseller partners. Close collaboration with the latter is planned in order to bring the product to market,” said CEO Fausto Lendeborg, whose cybersecurity experience includes co-founding Zenedge and being an early employee of Prolexic.
Founded by Lendeborg and Everett Young in 2018, Secberus helps enterprise companies implement a Continuous Adaptive Risk and Trust Assessment (CARTA) strategy, letting them leverage the cloud securely with an end-to-end SCPM solution. Its product helps keep cloud-based systems safe by discovering misconfigurations in the system, alerting the appropriate security teams, and recommending solutions as fast as possible.
The company said its patented technology enables cloud security architects to implement adaptable risk-based policies and workflows to govern infrastructure configuration at enterprise scale, essential to securing the cloud ecosystem. A year ago, Secberus expanded its operations to Silicon Valley to work with Fortune 500 companies looking to adopt its approach to cloud security posture management technology, which Garter has said can reduce the risk of cloud breaches by 80%.
Investors also saw opportunity.
“Our first meeting with Fausto was scheduled for 30 minutes. We ended up talking for nearly four hours as we delved into his unique understanding of the enterprise security problem that his customers were facing, and the incredibly ambitious vision that he laid out for the future of the SECBERUS Platform. As investors, we have our eyes on those changing the security landscape,” said Yuri Frayman of Monitor Capital and Secberas board member, in a statement.
Tampa-based Florida Funders also is betting on the startup’s success. Secberus is part of hybrid venture firm’s Fund 1.
Secberus is a graduate of Endeavor Miami’s Scaleup Program in 2019. It also participated in the CyLon Accelerator (cohort 7) and Plug and Play’s Cybersecurity Accelerator (Batch 4) and received the Plug and Play People’s Choice Award in 2019. Secberus was also one of six startups featured by Refresh Miami at TechCrunch Disrupt in San Francisco in 2019.
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