StackRox Secures $26.5 Million in Funding and Drives 240%+ Revenue Growth with Industry's only Kubernetes-Native Container Security Platform
Sep 10, 2020•almost 5 years ago
Amount Raised
$26 Million
Description
StackRox, the leader in container and Kubernetes security, announced today that it has secured an additional $26.5 million in funding and achieved more than 240% revenue growth in the first half of the year. Menlo Ventures led the funding round with participation from Highland Capital Partners and Hewlett-Packard Enterprise along with StackRox's existing investors, Sequoia Capital and Redpoint Ventures. The strong first-half revenue results exceeded the company's pre-pandemic goals and were driven by companies accelerating their digital transformation initiatives and adopting cloud-native technologies and DevSecOps.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech