Averlon Emerges from Stealth with $10M in Funding to Facilitate AI-Powered Cloud Security

Averlon, a pioneering cloud security company, is emerging from stealth mode with an $8 million seed funding round aimed at transforming how organizations stay ahead of security threats.

This latest investment, which brings the company’s total funding to $10.5 million, is led by Voyager Capital with participation from Salesforce Ventures and Outpost Ventures, along with several prominent CISOs and industry leaders.

“As cyber-attacks grow more sophisticated, it's critical for companies to anticipate where and how attackers will strike,” said Sunil Gottumukkala, CEO and co-Founder of Averlon, who was formerly the SVP of cybersecurity at Salesforce. “And yet, the reality is most CISOs don’t feel prepared for today’s threats. Security teams are bombarded with daily alerts, often leading to a reactive security posture where they are playing catch-up or unsure where to focus. Averlon solves for this challenge, providing customers with a holistic way to understand, predict, and prevent cloud security attacks.”

In contrast to traditional tools that inundate teams with reactive alerts, while overlooking the true root cause, Averlon’s AI-powered platform pinpoints specific cloud security issues that pave the way for real-world attacks. Customers can seamlessly onboard their cloud environment, and within minutes, get a clear picture of their security risks and where to direct their attention, according to the company.

Averlon uses AI technology that fuels cyberattacks to counteract them. It provides panoptic visibility of all cloud assets (from network access and connectivity to software and policies), while continuously analyzing vulnerabilities to predict and neutralize attacks. This proactive approach allows teams to see the bigger picture threats and eliminate them with surgical fixes.

“Averlon is a platform built to give CISOs and security teams peace of mind,” said Vishal Agarwal, CTO and co-founder of Averlon, formerly SVP of security engineering with Salesforce. “Our AI model provides panoptic visibility, comprehensive attack chain analysis and rapid remediation, all seamlessly integrated.”

Customers can use Averlon’s attack chain analysis to narrow the scope of the investigation and simplify the process of determining the impact, so security teams can move quicker to contain, eradicate, and recover from incidents.

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