oak9, a Chicago, IL-based developer-first IaC security leader, announced $8 million in an additional round of financing, bringing oak9's total raised to $14 million over the last 15 months.
The round was led again by Menlo Ventures, and included two new investors – Cisco Investments and Morgan Stanley’s Next Level Fund, while HPA tripled its investment.
oak9 will use the funds in part to grow its free Community Edition and help launch a next-gen Security as Code offering, to make cloud-native security more accessible.
The latest funding round continues strong momentum in 2022 for oak9, which recently moved into a new global headquarters on Michigan Avenue in Chicago and opened a new office in India, one of the fastest-adopting IaC markets in the world.
oak9 is continuing its 2022 push to add more talent to meet strong customer demand and growth.
Company: Oak9, Inc.
Raised: $8.0M
Round: Unknown
Funding Month: June 2022
Lead Investors: Menlo Ventures
Additional Investors: Cisco Investments, Morgan Stanley’s Next Level Fund, and HPA
Company Website: https://oak9.io/
Software Category: Security as code for cloud-native infrastructure
About the Company: oak9 secures cloud-native infrastructure for developers. oak9 Security as Code continuously finds, analyzes, and remediates security and compliance issues in real-time, as changes occur in infrastructure as code (IaC) and deployed cloud workloads. oak9’s proprietary Security as Code (SaC) blueprints support 20-plus compliance standards out-of-the-box including HIPAA, HITRUST, PCI, SOC2, and ISO27001.
Source: https://oak9.io/oak9-library/infrastructure-as-code-iac-security-leader-oak9-raises-8-million-in-additional-funding/