# Silk Security

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

- Industry: IT Security/Cybersecurity
- Headquarters: US
- Total disclosed funding: $13M
- Latest round: Seed (Aug 1, 2023)
- Investors on record: 3

## About

Based in New Jersey, US, and founded in 2022, Silk Security, Inc. operates as an IT and cyber security services company.In April 2024, Armis, Inc., a portfolio company of Brookfield Asset Management, CapitalG, Georgian, Insight Partners and One Equity Partners, acquired Silk Security, Inc. from CrowdStrike Ventures, Hetz Ventures and Insight Partners for USD 150 million.

The company through its platform addresses the challenges faced in the cybersecurity landscape, including the complexity caused by the adoption of cloud, hybrid, and cloud-native applications, leading to a growing risk resolution gap. Silk Security’s flagship product, called Silk, consolidates and contextualizes security findings by leveraging AI (artificial intelligence). The company’s platform aggregates normalizes, and correlates findings, allowing security teams to prioritize them automatically based on severity and environmental factors. The company’s risk resolution gap-closing operations include scaling remediation with grouping, delegating resolution owners, and tracking resolution progress, along with extensible integration architecture, tool utilization measurement, and exception management. Silk Security also provides centralized visibility into the risk state, offering insights to measure the performance of teams and the effectiveness of the remediation process. Additionally, the company offers to bring your integration option using the Silk APIs (application programming interface) to integrate with the build, user management, vulnerability scanner, developer security, etc tools like orca security, snyk CLI, Microsoft Defender, etc. The 2024 acquisition will help Silk Security accelerate its growth by leveraging Armis’ global reach, resources, and advanced cybersecurity platform, enabling deeper integration of vulnerability management and risk remediation capabilities into enterprise security operations.

## Funding rounds

- Seed, Aug 1, 2023, $13M — Insight Partners, Hetz Ventures, CrowdStrike Ventures

## Investors

- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Seed
- Hetz Ventures (https://capitalatlas.ai/funds/hetz-ventures) — Seed
- CrowdStrike Ventures — Seed