Cloud Security Provider Anitian Raises $55 Million

2 years ago 73

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Cloud security and compliance automation startup Anitian this week closed a $55 million Series B funding round led by Sageview Capital.

The new investment brings the total raised by Anitian $71 million and provides fresh capital to fuel ambitious expansion plans.

In addition to Sageview Capital, existing investor Forgepoint Capital also joined the Series B round.

Founded in 1995, the Portland, Oregon-based Anitian completed a Series A funding round in 2019. Last year, the company tripled its customer base and expanded its multi-cloud solutions across AWS and Microsoft Azure.

The company plans to use the new funds to fuel its expansion and to advance cloud security and compliance automation.

“This round of funding propels our ability to further accelerate Anitian's growth and leadership position in the market by delivering automated, pre-engineered platforms that empower enterprises to get their applications to the cloud and market faster,” Anitian CEO Rakesh Narasimhan said.