# Stellar Cyber

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/stellar-cyber

- Industry: IT Security/Cybersecurity
- Headquarters: Santa Clara, US
- Website: www.stellarcyber.ai
- Total disclosed funding: $53M
- Latest round: Series B (Nov 5, 2021)
- Investors on record: 6

## About

Stellar Cyber Inc. is a cybersecurity firm specializing in innovative solutions that enhance operational efficiency and threat detection in security operations centers (SOCs). Their platform integrates various functionalities to respond rapidly to cyber threats.Founded in 2015, Stellar Cyber Inc. is headquartered in Santa Clara, California, US. The company provides advanced cybersecurity solutions with a focus on automation and integration. The CEO, Changming Liu, co-founded the company to address the growing need for effective cyber defense mechanisms. In total, Stellar Cyber has secured USD 37.43 mn in funding, primarily through 6 deals, with the most recent being a Series B round on November 5, 2021, led by Highland Capital Partners and including participation from various investors. The company has not undergone significant pivots or structural changes during its growth.Stellar Cyber offers a comprehensive suite of security solutions designed to enhance operational efficiency within security operations centers (SOCs). Their automation-driven platform integrates functionalities including AI-driven Security Information and Event Management (SIEM), Network Detection and Response (NDR), and Open Extended Detection and Response (XDR). These products unify security alerts, logs, and telemetry from diverse sources, enabling organizations to identify and respond to threats swiftly. Their solutions support environments such as on-premises, cloud, and Operational Technology (OT) systems, serving clients including enterprise security teams and Managed Security Service Providers across North America, Europe, and the Asia-Pacific region.Stellar Cyber generates revenue primarily through subscription-based models and partnerships with clients. Their transactions are structured around service agreements with tiered pricing based on usage and specific services. Key products like the AI-driven SIEM and NDR solutions are offered on a subscription basis, where clients pay recurring fees according to the volume of data processed or the number of endpoints monitored. Partnerships with resellers and distributors enhance market reach, promoting revenue stability and long-term relationships with clients who rely on Stellar Cyber's integrated security solutions.Following the Series B funding round on November 5, 2021, Stellar Cyber plans to utilize the USD 37.43 mn raised to expand its product offerings and market presence. The company is focused on developing new products aimed at advanced threat detection and response, with expected launches in 2022. Additionally, Stellar Cyber aims to penetrate new geographic markets, specifically targeting regions in Europe and the Asia-Pacific by 2023. This strategy is further supported by the ongoing leadership of CEO Changming Liu, ensuring a consistent vision for growth.

## Funding rounds

- Series B, Nov 5, 2021, $37M — Highland Capital Partners, NLVC, SIG Asia Investment, Valley Capital Partners, Samsung NEXT Ventures
- Series A, Dec 10, 2018, $14M — NLVC, Valley Capital Partners, DIGITAL Hearts USA Inc.
- Seed, Jan 17, 2017, $1.5M — NLVC

## Investors

- NLVC (https://capitalatlas.ai/funds/nlvc) — Seed, Series A, Series B
- Valley Capital Partners (https://capitalatlas.ai/funds/valley-capital-partners) — Series A, Series B
- DIGITAL Hearts USA Inc. — Series A
- Highland Capital Partners (https://capitalatlas.ai/funds/highland-capital-partners) — Series B
- SIG Asia Investment (https://capitalatlas.ai/funds/sig-asia-investment) — Series B
- Samsung NEXT Ventures (https://capitalatlas.ai/funds/samsung-next-ventures) — Series B