The new funding will allow Securonix to make investments in global talent acquisition, adding senior leaders across engineering, cloud operations, threats labs, and sales and marketing. As a Vista portfolio company, Securonix said it will benefit from the private equity firm‘s experience with next-gen SaaS companies and an ecosystem to help scale operations and accelerate product innovation.
“We pioneered User Entity Behavior Analytics (UEBA) with an analytics-centric approach to security monitoring, extended to next-gen SIEM ((security information and event management) with a scalable cloud-native architecture, and introduced Open XDR (Extended Detection and Response) and SOAR (Security Orchestration, Automation and Response) capabilities to deliver a true end-to-end security operations fabric for threat detection and response,” Sachin Nayyar, CEO and co-founder, Securonix said.
Securonix offers a SaaS-based, multi-tenant security analytics, operations and response platform which provides complete visibility, advanced detection and response, and scalability. The company currently serves five of the Global Fortune 10 and accelerated its growth over the past 12 months.
“Securonix is leading the SIEM and XDR markets at a time of significant transformation,” said Michael Fosnaugh, Co-Head of Vista’s Flagship Fund and Senior Managing Director. “We look forward to supporting the entire Securonix team to help advance their vision and set the standard for modern security analytics and operations.”
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