# CloudPassage

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cloudpassage

- Industry: IT Security/Cybersecurity
- Headquarters: San Francisco, US
- Website: www.cloudpassage.com
- Total disclosed funding: $89M
- Latest round: Series D (Aug 13, 2015)
- Investors on record: 5

## About

CloudPassage Inc. is a US-based cybersecurity firm specializing in cloud security solutions that enhance protection and visibility for organizations operating in increasingly complex digital environments.CloudPassage Inc., founded in 2009 and headquartered in San Francisco, US, is known for its cloud security solutions. The company has undergone strategic developments, including being acquired by Fidelis Cybersecurity, Inc. in May 2021. Carson Sweet, one of the co-founders, is also the current CEO. The firm has participated in 6 funding rounds, culminating in a Series D round in which it raised USD 35.90 mn, bringing its total capital raised to USD 35.90 mn and a current valuation of USD 196.10 mn.CloudPassage Inc. offers a robust suite of cybersecurity solutions focusing on cloud security. Its flagship products include technologies for continuous compliance, container security, and visibility into cloud workloads. These offerings are designed to help organizations safeguard their cloud environments against vulnerabilities and threats, catering to a wide range of industries, including finance, healthcare, and government.CloudPassage Inc. generates revenue through a subscription-based model for its cloud security solutions. Clients typically enter into contracts for specific products, which may include annual or multi-year subscription agreements. This model supports diverse customer needs, from small businesses to large enterprises, ensuring regular access to updates and support for their cybersecurity measures.Following its acquisition by Fidelis Cybersecurity in May 2021, CloudPassage aims to integrate its solutions with Fidelis's platforms, enhancing their offerings in endpoint, network, cloud, and deception security. The company is focused on expanding its product suite and entering new markets, particularly in North America and Europe, to capitalize on the growing demand for cloud security solutions. The recent funding of USD 35.90 mn will support these initiatives, allowing for the development of new products and the expansion of their market reach.

## Funding rounds

- Series D, Aug 13, 2015, $36M — Benchmark, Meritech Capital Partners, Shasta Ventures, Tenaya Capital, Musea Ventures
- Series C, Dec 30, 2013, $26M — Benchmark, Meritech Capital Partners, Shasta Ventures, Tenaya Capital, Musea Ventures
- Series B, Feb 25, 2013, $7M — Shasta Ventures
- Series B, Feb 8, 2012, $14M — Benchmark, Tenaya Capital, Musea Ventures
- Series A, Apr 7, 2011, $6.5M — Benchmark

## Investors

- Benchmark (https://capitalatlas.ai/funds/benchmark) — Series A, Series B, Series C, Series D
- Tenaya Capital (https://capitalatlas.ai/funds/tenaya-capital) — Series B, Series C, Series D
- Musea Ventures (https://capitalatlas.ai/funds/musea-ventures) — Series B, Series C, Series D
- Shasta Ventures (https://capitalatlas.ai/funds/shasta-ventures) — Series B, Series C, Series D
- Meritech Capital Partners (https://capitalatlas.ai/funds/meritech-capital-partners) — Series C, Series D
