Security News > 2021 > January > Swimlane Raises $40 Million to Expand SOAR Business
Swimlane, a provider of security orchestration, automation and response solutions, announced today that it has raised $40 million in growth funding.
Denver, Colorado-based Swimlane is a player in the hot market of security orchestration, automation and response solutions, and helps security operations teams struggling with alert fatigue and staffing shortages.
As the company explains, its solution helps organizations address security operations needs, including prioritizing alerts, orchestrating tools and automating the remediation of threats.
"To protect rapidly expanding attack surfaces, automation must be broadly applied across every security use case. The EIP team is excited to continue our collaborative engagement with Swimlane as the company helps solve inefficiencies and streamline the way industries respond to incidents and mitigate risk."
For more than 10 years, Mike Lennon has been closely monitoring the threat landscape and analyzing trends in the National Security and enterprise cybersecurity space.
In his role at SecurityWeek, he oversees the editorial direction of the publication and is the Director of several leading security industry conferences around the world.