Security News > 2021 > January > Caveonix raises $7.3M to continue innovation, market expansion and strategic partnership development
The first digital risk management platform built for the hybrid cloud, Caveonix RiskForesight dramatically reduces overall cost of compliance by establishing a uniform Risk Management Control Plane that overlays an enterprise's data centers, private clouds, and public cloud deployments.
Through this funding, Caveonix will continue expanding in several key areas of product and business development.
Caveonix is preparing for the upcoming launch of its new SaaS platform, Caveonix Cloud, within several key markets and partner networks.
The Caveonix Cloud suite of modules built on RiskForesight includes Cloud Security Posture Management, Cloud Workload Protection Platform support, and integrated Governance Risk and Compliance.
This funding will continue to support the flourishing partnerships Caveonix has with AWS, IBM, VMWare and Dell, and help reach more customers in the federal and enterprise markets.
"Our goal at Caveonix is to accelerate digital transformation for our customers by providing them the continuous monitoring and compliance they need in hybrid and multi-cloud environments," said Tim Sullivan, Co-CEO, Caveonix.
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