oak9 Raises $8 Million in Funding  

by Kay Aloha Villamor July 4th, 2022

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/

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