Sevco Security, an Austin, TX-based provider of a cloud-native cyber asset attack surface management (CAASM) platform, raised $17M in funding.
The round, which brought the total amount to $38M, was led by SYN Ventures, with participation from .406 Ventures, Accomplice, Bill Wood Ventures, and Washington Harbor Partners.
The company intends to use the funds to expand operations and its business reach.
Led by CEO J.J. Guy, Sevco provides a cloud-native CAASM platform delivering a real-time security asset inventory to protect organizations. By providing a continuously updated inventory of assets across IT, public/private cloud, IoT devices, operational technology (OT), supply chain, contractors and remote users, Sevco autonomously identifies and closes previously unknown security gaps, while improving incident response. Its patented asset telemetry uncovers security gaps and out-of-compliance assets in deployments.
