RunReveal, an Austin, TX-based SIEM platform designed to detect threats faster, has secured a $2.5 million seed round.
Investors
The round was led by Costanoa Ventures.
Costanoa Ventures partners with technical and product founders as early as company formation, with a focus on apps and infrastructure in data, dev, and fintech. Founded in 2012, Costanoa is a long-term partner to entrepreneurs who want hands-on help in their earliest company stages on all things go-to-market and talent.
RunReveal Use of Funds
The company will use the funding to scale its team and roll out additional offerings. Specifically, the funds will support the company's efforts to enhance its platform, expand its capabilities, and meet the evolving needs of security teams globally.
About the Company
Founded in 2023 by Evan Johnson and Alan Braithwaite, RunReveal provides a Security Information and Event Management (SIEM) platform designed to allow security teams to identify and address cybersecurity threats quickly. The platform offers a cloud-native architecture and a flexible data stack, simplifying data collection, storage, and search processes. Its layered alert system helps reduce false positives, enabling security teams to detect threats faster.
Funding Details
Company: RunReveal, Inc.
Raised: $2.5M
Round: Seed Round
Funding Month: May 2024
Lead Investors: Costanoa Ventures
Additional Investors:
Company Website: https://runreveal.com/
Software Category: Security Information and Event Management (SIEM)
Source: https://www.globenewswire.com/en/news-release/2024/05/01/2873216/0/en/RunReveal-Secures-Funding-to-Redefine-Security-Information-and-Event-Management-SIEM.html