Cloud Forensics Firm Cado Security Raises $10 Million in Series A Funding
Cado Security, provider of a cloud-native digital forensics platform, has secured $10 million in Series A funding, which brings the total amount raised by the company to date to $11.5 million.
Founded in April 2020, the London, United Kingdom-based security firm helps enterprises investigate and respond to cyber-incidents in cloud environments.
Providing automated data collection from cloud and containers, along with support for on-premises systems, Cado’s Response platform aims to deliver fast processing and to ease visualization of the scope of an attack, thus helping investigators get to the root cause of an incident faster.
According to the company, its tools can perform a full forensic acquisition and analysis of on-premise, cloud (AWS EC2) and containerised systems (Docker, Kubernetes, OpenShift. AWS Fargate). Azure support is coming soon, the company said.
Cado plans to use the new funds to expand engineering, customer support, and go-to-market operations.
“We’re bringing our decades of experience helping enterprises respond to cyber incidents and knowledge of cloud forensics to automate and centralize what’s required to investigate a breach at cloud speed. This funding allows us to significantly grow our team and expand the value of the Cado Response platform for our customers,” James Campbell, CEO and co-founder of Cado Security, said.
The new funding round was led by Blossom Capital, but also had participation from previous investors, such as Ten Eleven Ventures.