Focused on providing Cloud-based security and compliances, Portland, Oregon-based Anitian has secured USD11 million in Series A funding round to automate Cloud security. With this funding round, the company’s total valuation has reached USD 11.8 million, which was led by ForgePoint. Anitian’s automated platform for Amazon Web Services (AWS) deployments, Sherlock, is developed with controls and configurations for different regulatory frameworks, ranging from PCI-DSS, ISO, ISO 27001, HIPAA, NYDFS, GDPR, SOC 2, and FedRAMP.
In a statement, Anitian CEO Andrew Plato stated that his company is thrilled to collaborate with ForgePoint Capital and it will assist in expanding the company’s offerings and capability to serve the pent-up demand across public and private organizations. Anitian is fully virtualized and automatically deploys in the Cloud, and it utilizes decoy system, Machine Learning algorithms, and other methods to continuously scan trillions of security, applications, network, and behavioral records for signals of disobedience and breaches. Further, it comprises documentation, security controls for platforms like TrendMicro Deep Security and Barracuda WAF, built-in compliance guard rails, and connectors that combine with most existing DevOps CI/CD pipelines.
As part of the funding, ForgePoint Capital’s Sean Cunningham expressed that Anitian has taken a classic professional service engagement and automated it into a technology product which accelerated an extensive ROI for enterprise customers. Anitian’s automated platform Sherlock can cut the time it takes to make Cloud and on-premises networks compliant. Moreover, Plato explained with an instance that his company’s customer, Smartsheet that utilized this platform to align internal workflows with FeedRAMP in less than two months.