# Deepfence

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

- Industry: IT Security/Cybersecurity
- Headquarters: Milpitas, US
- Website: www.deepfence.io
- Total disclosed funding: $9.5M
- Latest round: Series A (Nov 18, 2020)
- Investors on record: 3

## About

Deepfence Inc. specializes in offering advanced cloud security solutions that empower organizations to protect against diverse cyber threats, enhancing their overall security posture in multi-cloud environments.Founded in 2016, Deepfence Inc. is headquartered in Milpitas, US, and provides cloud security solutions. The company has not undergone any significant pivots or changes in its business strategy. Deepfence was co-founded by Sandeep Lahane, who serves as the CEO, Shyam K, and Swarup Sahoo. In November 2020, Deepfence raised USD 9.5 mn in Series A funding led by AllegisCyber Capital, with participation from Bright Pixel and Chiratae Ventures, raising a total of USD 9.5 mn across funding rounds.Deepfence offers a robust suite of cloud security solutions designed to protect organizations from a wide range of cyber threats. Their core products include ThreatMapper, an open-source Cloud Native Application Protection Platform (CNAPP), and ThreatStryker, an enterprise-grade solution providing runtime protection for cloud workloads. Utilizing advanced technologies such as eBPF (extended Berkeley Packet Filter), their solutions deliver visibility and protection across various environments, including Kubernetes, virtual machines, and serverless architectures. Deepfence focuses on addressing critical issues like alert fatigue, vulnerability management, and threat detection, aiming to enhance security posture management for clients in North America, Europe, and Asia-Pacific.Deepfence generates revenue primarily through a subscription model, allowing clients to pay for access to its security solutions based on specific needs and deployment scale. This model facilitates long-term partnerships, with flagship products ThreatMapper and ThreatStryker operating within a tiered pricing framework, catering to both open-source users and enterprise clients. The revenue model emphasizes direct transactions with businesses alongside potential integrations and support services, ensuring a comprehensive approach to cloud security.Deepfence plans to leverage its recent Series A funding, raised in November 2020, to support the development of new products and expand into new markets. The funding will be utilized to enhance existing services and potentially launch new product features that cater to evolving cybersecurity needs. The company aims to penetrate further into the North American and European markets through targeted strategies, ensuring growth and customer acquisition in these regions.

## Funding rounds

- Series A, Nov 18, 2020, $9.5M — AllegisCyber Capital, Chiratae Ventures, Bright Pixel

## Investors

- AllegisCyber Capital (https://capitalatlas.ai/funds/allegiscyber-capital) — Series A
- Chiratae Ventures (https://capitalatlas.ai/funds/chiratae-ventures) — Series A
- Bright Pixel (https://capitalatlas.ai/funds/bright-pixel) — Series A