Panther Labs offers a serverless, detection-as-code security monitoring platform designed to analyze terabytes of data per day in real time to support threat detection and incident response. The platform aims to reduce the performance bottlenecks, operational overhead, and high costs associated with traditional SIEM solutions. Panther is trusted by customers including Dropbox, Zapier, and Snowflake. The company plans to use new funding to fuel rapid market expansion and bring its platform to security teams everywhere. Financially, Panther has demonstrated market traction and garnered a unicorn valuation in connection with its latest financing. Panther Labs is a San Francisco–based cybersecurity startup founded in 2018 by former Airbnb security alumni Jack Naglieri. The company provides an open, scalable, developer-friendly security platform that can ingest terabytes of security log data per day from sources including AWS, GCP, Osquery, OSSEC and SaaS apps such as G Suite, Okta, and OneLogin. As data is processed the platform runs detections and dispatches real-time alerts to destinations like Slack, Jira, and PagerDuty. Collected data is normalized and retained to power future investigations in a serverless data lake on AWS or on Snowflake. Panther serves cloud-first organizations such as GitLab. It plans to use the new funding to accelerate development of its open source security platform and has raised $20.5M in total.

Total raised

$135M

Funding rounds

2

Latest round

Series B

Latest activity

Dec 2021