# CloudKnox Security

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cloudknox-security

- Industry: IT Security/Cybersecurity
- Headquarters: Sunnyvale, US
- Website: www.cloudknox.io
- Total disclosed funding: $12M
- Latest round: Series A (Jan 23, 2020)
- Investors on record: 5

## About

CloudKnox Security, Inc. is a US-based company specializing in security solutions that enhance cloud infrastructure management. Their focus is on identity and access governance, helping businesses maintain secure environments.Founded in 2016 in Sunnyvale, US, CloudKnox Security, Inc. specializes in security solutions tailored for cloud environments. The company was acquired by Microsoft in July 2021, which signifies a strategic pivot to enhance its offerings through integration with Microsoft's services. The founder, Balaji Parimi, leads the company as CEO and has a background in building security-focused technology ventures. The latest funding round, a Series A, raised USD 12.000 mn, bringing the total amount raised to USD 12.000 mn with a current valuation of USD 50.300 mn. Notable investors in this round included Sorenson Capital, ClearSky, and Dell Technologies Capital.CloudKnox Security, Inc. provides a suite of security solutions centered around identity and access governance for cloud infrastructures. Their core offerings include tools designed to manage user permissions, track access changes, and ensure compliance, catering to a diverse clientele ranging from small to medium-sized enterprises in North America and Europe. These services are critical for organizations looking to secure their data and optimize their cloud operations, particularly for teams managing IT security and compliance.The company operates on a subscription-based revenue model, with clients paying recurring fees for their security solutions. Payment structures offer both monthly and annual plans, allowing flexibility for different user needs. Customers can choose from various service tiers, which include advanced features for enhanced security measures. This approach helps foster long-term relationships with clients across different sectors, contributing to a consistent revenue stream.Following the acquisition by Microsoft, CloudKnox Security, Inc. plans to expand its product offerings to include new features that integrate seamlessly with Microsoft's cloud services by mid-2022. Additionally, the company aims to explore growth opportunities in European and Asian markets, targeting this expansion by 2023. The recent funding of USD 12.000 mn will be utilized to enhance product development and support market entry strategies, ensuring they meet the evolving needs of global customers.

## Funding rounds

- Series A, Jan 23, 2020, $12M — Foundation Capital, Sorenson Capital, ClearSky Advisors LLC, Wipro Ventures, Dell Technologies Capital

## Investors

- Foundation Capital (https://capitalatlas.ai/funds/foundation-capital) — Series A
- Sorenson Capital (https://capitalatlas.ai/funds/sorenson-capital) — Series A
- ClearSky Advisors LLC — Series A
- Wipro Ventures (https://capitalatlas.ai/funds/wipro-ventures) — Series A
- Dell Technologies Capital (https://capitalatlas.ai/funds/dell-technologies-capital) — Series A