February 9, 2024 at 04:09PM
LimaCharlie, a startup offering pay-as-you-use technology in security operations, secures $10.2 million in Series A funding led by Sands Capital, with equity stakes for CoFound Partners, Long Journey Ventures, Lytical Ventures, Myriad Venture Partners, StoneMill Ventures, and Strategic Cyber Ventures, totaling $16.5 million raised. CEO Maxime Lamothe-Brassard highlights their flexible security infrastructure and cloud-based approach.
From the meeting notes, here are the key takeaways:
– LimaCharlie, an early stage startup in the security operations space, has secured $10.2 million in Series A funding led by Sands Capital.
– The investment includes equity stakes for CoFound Partners, Long Journey Ventures, Lytical Ventures, Myriad Venture Partners, StoneMill Ventures, and Strategic Cyber Ventures.
– LimaCharlie’s vision is to make security operations as flexible as the cloud made IT operations, reducing inefficiencies, security gaps, and extreme costs.
– The investment will support LimaCharlie in leading the paradigm shift toward the public cloud model for cybersecurity.
– The company has differentiated itself by allowing organizations to tailor their security stack to fit specific needs via an open API, simplifying integrations and giving security teams complete control and visibility.
– LimaCharlie provides a cloud-native ecosystem of tools and infrastructure for cybersecurity operations, covering various use cases including log aggregation, detection, automation and response, file and integrity monitoring, and Yara scanning.