Alcide Exits Stealth Mode with $5.2 Million in Funding

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Alcide, a Tel Aviv, Israel, cybersecurity startup, emerged from stealth on Dec. 6, officially debuting its cloud-friendly network security platform and announcing a $5.2 million round of financing from Intel Capital and Elron.

The company's technology aligns the current state of IT at many organizations. Enterprises are pursuing hybrid cloud implementations, but their legacy protections may not integrate with modern and agile approaches to application delivery and data management.

Alcide works across bare metal servers, virtual machines, containers and serverless environments, providing DevOps and SecOps teams real-time security visibility into their data centers and the cloud services they depend on.

"The modern data center is where the world's most critical data is stored and where the most lucrative information lives, yet it has evolved so rapidly and is now so complex that it's become The Wild Wild West of cybersecurity," said Ranny Nachmias, CEO and cofounder of Alcide, in a statement. "The evolution of the modern data center calls for a parallel evolution in the approach enterprises take to secure and manage their data centers."

Alcide's technology is on display at the KubeCon conference in in Austin (Dec. 6-8).

In the dwindling weeks of the year, Alcide is one of the many security startups that have scored venture capital funding in 2017.

Last week, dark web intelligence startup Terbium Labs announced it had raised $6 million. The company's threat intelligence system, called Matchlight, uses artificial intelligence (AI) to monitor the dark web for evidence of data leaks and breaches.

Threat intelligence specialist ThreatQuotient recently revealed it had attracted $30 million in a Series C round of funding led by networking giant Cisco and NTT Docomo, Japan's leading mobile carrier. On Nov. 7, NeuVector announced a Series A round of financing worth $7 million. Its container security platform can be used to detect and quarantine misbehaving application containers.

On Halloween, Somerville, Mass.-based Recorded Future, a cyber-threat intelligence firm, announced a $25 million Series E round headed by Insight Venture Capital. Its SaaS (software-as-a-service) offering uses AI to monitor the dark web for emerging exploits, helping businesses stay ahead of publicly unknown threats.


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