Twistlock Raises $17M for Container Security

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While Docker and other container platforms explode in popularity, developers of container-aware security solutions are attracting the attention of the venture capital community.

Application container security specialist Twistlock today announced that it had raised $17 million in a Series B round of financing headed by Waltham, Mass.-based Polaris Partners. The funding round was also backed by YL Ventures, TenEleven and Rally Ventures. To date, the company has attracted $30 million in venture capital.

The fresh funding comes on the heels of last week's version 2.0 release of Twistlock's namesake container security platform. It offers improved visibility into application container environments using a Visio-like interface and a new Compliance Explorer tool that enables organizations to roll out containerized apps that adhere to PCI-DSS, HIPAA and the National Institute of Standards and Technology's (NIST) SP800-190 Application Security Guide.

Since the November 2016 launch of Twistlock 1.0, the company's customer base has grown to over 40, a 325 percent gain. It operates offices in New York, San Francisco, Portland and Israel. Ben Bernstein, CEO of Twistlock, credits the company's growth, in part, on the impact cloud computing is having on the IT landscape.

"The cloud is a vehicle for developers to produce agile software" increasing the use of DevOps-enhancing container technologies in the enterprise, Bernstein told eSecurity Planet. "An amazing number of enterprises are testing and starting to use containers" including an impressive swath of the Fortune 500, he added.

In traditional application development and deployment scenarios, it was up to IT security teams to ensure their application servers were secure and didn't leak data. The advent of modern application container technologies like Docker and Twistlock's own technologies make it possible to incorporate application security best practices earlier into the development stage, creating buy-in from all stakeholders.

Twistlock's approach often "resonates first with the DevOps teams, then security teams," Bernstein said. For businesses simply seeking to safeguard their growing application container environments, Twistlock offers tools that helps accomplish that as well.

"Twistlock delivers a soup-to-nuts container security platform that delivers vulnerability management, compliance controls, behavior monitoring and runtime protection," wrote Brendan Hannigan, a partner at Polaris who joined Twistlock Board of Directors, in an April 25 blog post. "Twistlock does this across operating systems and platforms while supporting private, hybrid and cloud deployments."