Threat Stack, a leader in cloud security and compliance management, today announced it secured $15.3 million in Series B funding, led by Scale Venture Partners (Scale), with participation from all existing investors, including Accomplice and .406 Ventures. Threat Stack today also announced that Ariel Tseitlin, a partner at Scale, will join the company’s board of directors. The latest round of funding brings total investment in Threat Stack to more than $26 million.
Threat Stack Series B funding comes on the heels of the company’s record year of customer growth in 2015 and the launch of the Threat Stack Cloud Security Platform™ (CSP) in early 2016. The new capital will be used to double headcount in the next year, bolstering sales, marketing and engineering to further enhance product capabilities and user experience. Threat Stack will also use funding to support expansion into a new Boston headquarters in the coming months...READ MORE