Skybox Security, based in San Jose, CA, offers a Software-as-a-Service Security Posture Management Platform that delivers visibility, analytics and automation to quickly map, prioritize and remediate vulnerabilities across organizations. The vendor-agnostic solution intelligently optimizes security policies, actions and change processes across corporate networks and cloud environments. Skybox says its platform enables security teams to focus on strategic business initiatives while ensuring enterprises remain protected. The company recently appointed Mordecai Rosen as CEO; Rosen previously served as President and CEO of Digital Guardian, where he significantly grew recurring revenue and led the company to profitability, and earlier was Corporate SVP and GM for Security at CA Technologies. Skybox intends to use newly raised capital to accelerate growth and expand operations. The articles do not disclose additional operating metrics beyond the financing. Led by co-founder and CEO Gidi Cohen, Skybox Security develops the Skybox™ Security Suite, a cybersecurity management platform that gives customers comprehensive visibility of their unique attack surface. The software uses analytics to prioritize an organization’s risk exposures and recommend actions to address misconfigurations, policy violations, and exposed or unpatched vulnerabilities. Its capabilities extend across complex physical, virtual, cloud and operational technology (OT) environments. Customers include Global 5000 companies and government agencies in more than 50 countries and nearly every industry. The company recently received a substantial growth investment and intends to use the funds to accelerate sales and marketing, customer care and R&D, and to potentially pursue acquisitions. Skybox Security is a San Jose, California–based provider of a security analytics platform led by founder and CEO Gidi Cohen. Its Skybox Security Suite integrates with more than 90 networking and security tools and utilizes advanced analytics, including modelling and simulation, to extract relevant and actionable intelligence from data silos. The platform provides security teams a comprehensive view of their attack surface and the insight needed to prioritise security resources. Customers include Global 2000 companies and government agencies across more than 50 countries. The company announced a $96M equity investment from Providence Strategic Growth as part of its current financing activity. Skybox Security is a leader in proactive security management solutions, offering automated tools that find and prioritize cyber risks such as vulnerabilities, firewall configuration errors, and access compliance issues. Its solutions help IT security personnel continuously monitor risks that could lead to a data breach or cyber-attack. The company serves a strong customer base in the Global 2000 across government and defense, energy and utilities, financial services, retail, and telecommunications. Hundreds of organizations in the U.S. and Europe use Skybox solutions, including six of the top 10 global banks and five of the 10 largest NATO members. Skybox has demonstrated record growth over the past 18 months, including 60% year-over-year growth, and plans to use new funding to expand sales territories and teams, develop channel partners, add customer support resources, address new use cases and enter expanded markets.

Total raised

$302M

Funding rounds

4

Latest round

Equity

Latest activity

Feb 2023