Uptycs Announces $30 Million in Funding to Deliver Next-Generation Security Analytics

WALTHAM, Mass., June 17, 2020 /PRNewswire/ -- Uptycs, the leader in SQL-powered security analytics, announced today that it has raised $30M in Series B funding led by Sapphire Ventures, with participation from existing investors Comcast Ventures and ForgePoint Capital. This round of funding brings the company's total funding to $43 million. Jai Das, Managing Director and President at Sapphire Ventures, will join the Uptycs board of directors.

Uptycs is reimagining cloud workload and endpoint security with its SQL-powered security analytics platform, which is available both as a cloud service and as an on-premise deployment. Security analysts turn to Uptycs for performing intrusion detection, vulnerability management, incident investigation, workload protection, security audits and compliance checks on their server endpoints (Linux VMs, containers) in data centers and cloud providers like AWS, Azure and Google Cloud, and for their productivity endpoints such as macOS and Windows. Increasingly, site reliability engineers, incident response teams and IT professionals are also using the Uptycs platform to monitor and observe endpoints, servers and cloud workloads. Uptycs has been built to scale horizontally, and there is no other product or service in the market that is better at managing a large fleet of Osquery agents, which in turn makes it indispensable for large enterprises that are running 1000s of agents on their servers, cloud workloads and endpoints.

"Modern endpoints and cloud providers are difficult to observe and secure without real-time analysis of their streaming telemetry," said Uptycs CEO and Founder Ganesh Pai. "Traditional endpoint and SIEM vendors are simply not able to scale and unlock instant insights. By modelling the domain of endpoint and cloud security using relational database techniques and real-time pipeline processing, we've created an innovative SQL-powered security analytics platform for visibility and accelerated time to insight. It is very gratifying to hear a user's aha-moment when they realize the possibilities of the Uptycs' platform are only limited by one's imagination."

"We're excited to lead the Series B financing round for Uptycs, and believe that Ganesh Pai and his team have started on a journey to become a company of consequence," said Jai Das, Managing Director and President at Sapphire Ventures. "Uptycs is one of the first to apply SQL-powered innovation to security analytics, democratizing security analytics and enabling anyone with SQL knowledge to become a security analyst. This helps solve a critical cybersecurity need for enterprises, which is the lack of security analysts needed for security operations centers."

"Uptycs has proven to be a true partner and they've impressed us with their innovation around security analytics and ability to adapt to our needs. We've been using Uptycs for security visibility, threat detection, and incident investigation across our Linux and macOS fleet," said Grant Kahn, Director, Security Intelligence Engineering at Lookout. "Their audit and compliance analytics have been instrumental for our FedRAMP authorization and ISO 27001 certification."

Numerous cutting-edge enterprises, particularly fintech and large SaaS providers, use Uptycs to power a variety of security use cases.

Uptycs offers a free trial: https://www.uptycs.com/free-trial

About Uptycs

Uptycs provides a SaaS and on-prem SQL-powered security analytics platform for security analysts, site reliability engineers, incident response teams and IT professionals to observe and secure their productivity endpoints (macOS, Windows), server endpoints (Linux, containers) and cloud providers. A growing number of enterprises are using Uptycs for comprehensive security visibility at scale. Common use cases include fleet visibility, intrusion detection, vulnerability management, audit, and compliance for their laptops, servers and cloud workloads.

Learn more about Uptycs: https://www.uptycs.com

About Sapphire Ventures

Sapphire Ventures is a venture capital firm focused on helping innovative technology companies become global category leaders. Leveraging nearly two decades of experience and an extensive global executive network, Sapphire invests capital, resources and expertise to enable its portfolio companies to scale rapidly through a powerful business development, marketing and talent platform. With approximately $4 billion in assets under management across its Sapphire Ventures, Sapphire Partners and Sapphire Sport investment platforms, Sapphire is positioned to elevate companies across technology sectors to the global stage. To learn more about Sapphire Ventures, please see: https://sapphireventures.com/

SOURCE Uptycs

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