Canada-based cybersecurity technology developer Cmd raised $15m yesterday in a series B round led by GV, an investment subsidiary of internet and technology group Alphabet.
The round also included participation from startup studio Expa, venture capital firm Amplify Partners and unnamed strategic investors.
Founded in early 2016, Cmd has created a security platform that enables chief information officers, chief technology officers and security teams to internally protect their Linux production workloads.
The technology works by allowing users to log, understand, predict and control user behaviour within the workloads to prevent insider threats, privileged access abuse and system attacks.
Cmd will use the capital to expand its product and engineering teams. Karim Faris, general partner at GV, has joined the company’s board of directors in conjunction with the round.
The investment has increased the company’s overall funding to $21.6m, though Cmd has not revealed details about previous funding rounds or investors.
Faris said: “Cmd’s next-generation server security platform is designed to protect production environments, and tailored to the specific needs of large enterprises to granularly control, monitor and authenticate user activity
“Combined with the strong technical expertise of the Cmd founding team, the company’s approach is highly differentiated and uniquely positioned to meet the growing demand for cloud-native security solutions.”