Threat Stack Secures $5M in Funding for Cloud-Based Data Loss Protection

Threat Stack has secured $5 million to assist businesses with protecting cloud environments from intrusions and data loss. Atlas Venture and .406 Ventures funded the additional financing round.

The Cambridge, Massachusetts-based cloud security solutions provider on Wednesday said it plans to leverage the funding for the development and commercialization of its cloud security monitoring service, which launched last month. It also will expand its footprint with customers using Amazon Web Services (AWS).

Threat Stack’s software provides continuous security monitoring on application workloads. It was designed to assisted companies detect malicious activity and protect their systems from intrusions and data loss.

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“To address privacy and security challenges in the cloud, there exists a shared responsibility between customers and their cloud services providers (CSP),” said Doug Cahill, CEO of Threat Stack. “Threat Stack provides a security solution that complements the CSPs existing set of security controls, and gives the customer a comprehensive security architecture for all of their cloud resources.”

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