# Confluera

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

- Industry: IT Security/Cybersecurity
- Headquarters: Palo Alto, US
- Website: www.confluera.com
- Total disclosed funding: $29M
- Latest round: Series B (Mar 19, 2020)
- Investors on record: 3

## About

Confluera, Inc. delivers advanced cybersecurity solutions designed specifically for complex cloud environments, emphasizing swift threat detection and response capabilities to safeguard sensitive data.Founded in 2019 in Palo Alto, US, Confluera, Inc. specializes in cybersecurity for cloud environments. The company was co-founded by Abhijit Ghosh and Niloy Mukherjee. Its most recent funding round was a Series B in March 2020, raising USD 20 mn led by Icon Ventures, with participation from Harpoon Ventures and Lightspeed Venture Partners. The total amount raised by the company is USD 20 mn, with a current valuation of USD 70.743 mn.Confluera, Inc. specializes in advanced cybersecurity solutions tailored for complex cloud environments, focusing on rapid threat detection and response. Its core offerings include detection and response tools designed to monitor and analyze cloud activities, addressing issues like suspicious S3 bucket access and potential zero-day vulnerabilities. These tools provide context around alerts, enabling security teams to manage thousands of alerts efficiently, especially in multi-cloud environments. Their products cater to a diverse client base, including enterprises in the technology, finance, and healthcare sectors, primarily in North America and Europe.The company's revenue model is based on subscription services, allowing clients to continuously access its advanced cybersecurity tools. Organizations engage in B2B transactions, subscribing to various services that enhance their cloud security posture, with tiered pricing depending on the scale and specific needs of their cloud environments. This approach fosters long-term partnerships with clients and establishes recurring revenue streams.Confluera, Inc. plans to leverage the USD 20 mn raised in its most recent Series B funding to develop new products and expand into additional markets. The funding will support the enhancement of their existing cybersecurity tools and the development of innovative solutions aimed at improving threat detection and response in complex cloud environments. The company is targeting specific growth in North America and Europe by 2022, aiming to increase its market presence among industries heavily invested in cloud infrastructure.

## Funding rounds

- Series B, Mar 19, 2020, $20M — Lightspeed Venture Partners, Icon Ventures, Harpoon Ventures
- Series A, Jul 30, 2019, $9M — Lightspeed Venture Partners

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series A, Series B
- Icon Ventures (https://capitalatlas.ai/funds/icon-ventures) — Series B
- Harpoon Ventures (https://capitalatlas.ai/funds/harpoon-ventures) — Series B