September 6, 2018

Cloud security company StackRox receives investment from In-Q-Tel

The investment aims to protect government agencies deploying public cloud by providing a solution that eradicates malicious acts in containers.

security awareness

Cloud security company StackRox have entered into a strategic investment with In-Q-Tel (IQT), a venture capital firm. With this investment, IQT aims to boost StackRox’s container protection capabilities for government agencies deploying public cloud solutions like Azure and AWS.

IQT say that StackRox’s platform protects containerized applications across their life cycle by discovering the entire container environment, adhering to the organization’s security policies and identifying and stopping malicious activities. They say that StackRox uses this platform to provide end-to-end security to organizations that deploy sensitive data on the cloud.

By investing in StackRox, IQT believe that they will be able to deploy the former’s container-security platform for their government clients that use public cloud solutions such as AWS and Azure. They say that this technology is best suited for securing critical IT infrastructure without losing important government information.

Speaking about this, George Hoyem, Managing Partner, Investments at IQT, commented:

The StackRox platform uses a fundamentally different approach to secure containers across their life cycle, from build to runtime, which will help protect our Intelligence Community partners against emerging container-based threats.

Given the increasing use of containers and microservices in our community, this technology is crucial for securing critical IT infrastructure without slowing innovation.

The cloud security company says that their container platform allows organizations to-

1) Reduce surface attacks by enforcing service-centric deployment policies on vulnerabilities.
2) Profile run-time risks by prioritizing critical container security issues, and
3) Detect and respond to threats by leveraging machine learning across the environment.

StackRox are quite excited with IQT’s plan for their combined growth in the cloud security space.  Ali Golshan, CEO and Co-founder of StackRox, commented:

We’re excited to launch this partnership with IQT. As in the commercial sector, the Intelligence Community relies on containers to increase efficiency and pace of innovation.

IQT’s deep roots in and broad access to government agencies provides the perfect entrée for the StackRox platform to help secure those critical container environments.

Industry analysts claim that the cloud security market seems to be in an exciting phase with investments like these as well as the alliance between Brace168 and Bitglass for data protection. It will be interesting to see what holds for both StackRox and IQT in the near future.