Cloud Security Firm Valtix Emerges From Stealth With $14 Million in Funding
Santa Clara, California-based Valtix emerged from stealth mode on Wednesday with a cloud-native network security platform and $14 million in initial funding.
The Valtix Security Platform runs as a cloud-native service and it automatically identifies new applications running in the cloud and tracks them to ensure that proper inline security rules and protections are applied.
The product has two main components: the Valtix Cloud Controller and the Valtix Cloud Firewall.
The new platform, which is immediately available based on a pay-as-you-go pricing model, aims to help organizations improve security management and agility, Valtix said.
The $14 million in initial funding was raised from Trinity Ventures, Vertex Ventures and Wing Venture Capital.
“As today’s enterprises move to the cloud and face multi-cloud sprawl, they have a difficult security decision to make – being agile and naked or rigid and secure,” said Vishal Jain, co-founder and CEO of Valtix. “Organizations need a solution that provides the enterprise network security they need to move at the ‘speed of the cloud.’ We founded Valtix to offer a third choice – a set of security services built specifically for the cloud that can unify multi-cloud security for greater visibility, agility, and performance.”