Kubernetes Security Firm Tigera Raises $30 Million
Tigera, a San Francisco-based company that provides security and compliance solutions for Kubernetes platforms, announced on Wednesday that it raised $30 million in a Series B funding round.
The round was led by Insight Venture Partners, with participation from existing investors Madrona, NEA and Wing. The latest funding brings the total raised by the company to date to $53 million.
Tigera says it plans on using the money to accelerate growth in an effort to meet the growing demand for its solutions, as the Kubernetes open-source container orchestration system is increasingly adopted by enterprises.
There are many benefits to running applications in containers and orchestrating them with Kubernetes. However, ensuring security and compliance poses challenges that traditional products may not be able to overcome.
Tigera is trying to fill the gap with Tigera Secure Enterprise Edition (TSEE), which authenticates all service-to-service communications, authorizes each service, encrypts network traffic, and enforces security policies. Everything is logged for compliance, incident response and forensic analysis purposes.
Tigera says its solutions are used by Amazon Web Services (AWS), Microsoft Azure, Google Cloud, and IBM Cloud.
“Kubernetes is gaining momentum within every progressive enterprise,” said Ratan Tipirneni, president and CEO of Tigera. “These businesses cannot get their applications to production without strong security controls and the ability to prove compliance. As a result, we are being pulled into several hundred projects and will use this funding to meet that demand.”