Uptycs, an osquery-powered scalable security analytics platform, has emerged from stealth with a $10 million Series A investment round led by ForgePoint Capital (formerly known as Trident Capital CyberSecurity) and Comcast Ventures.
Uptycs, founded in 2015, offers a platform which analyses data from the open source endpoint agent osquery, which in the words of Doug Wilson, Director of Security at Uptycs, is “a really neat project that allows you to virtualize an endpoint as if it were a SQL database of information, instead of having to run and remember hundreds of different system utilities.”
The combination of open source software with carrier grade architecture design and development from the Uptycs team enables customers to solve a broad range of use cases at cloud-scale. It’s a game-changer in simplifying security and compliance.
– J. Alberto Yépez, Co-Founder and Managing Director, ForgePoint Capital
“Organizations aren’t Windows-centric anymore. There is an increasing mix of Windows, Linux, Mac and containers running across the enterprise, especially in cloud and hybrid environments,” said CEO and founder of Uptycs Ganesh Pai. “Security solutions have not kept pace to serve the needs of today’s modern computing environments. There are growing blind spots especially for cloud workloads and macOS that osquery is uniquely capable of covering. Uptycs is helping companies leverage the benefits of osquery quickly, and at scale.”
The latest round brings total investment in the US-based company to $13 million. The initial seed round of $3 million came from Comcast Ventures, Genacast Ventures, and Founder Collective.
“Endpoint asset management and security are an increasing and technically challenging pain point for companies, especially across different operating systems and cloud environments,” said Dave Zilberman, Managing Director of Comcast Ventures. “Uptycs is solving that problem and we are excited to once again invest in the founding team on this next venture.”
Security solutions have not kept pace to serve the needs of today’s modern computing environments. There are growing blind spots especially for cloud workloads and macOS that osquery is uniquely capable of covering.
– Ganesh Pai, CEO and founder, Uptycs
According to the company, which currently has 25 employees, the funding will be used to expand staff levels and further product development. It plans to release additional dashboards for vulnerability management and compliance in the coming weeks.
“The Uptycs osquery-powered security analytics platform represents an inflection point in the industry,” said J. Alberto Yépez, Co-Founder and Managing Director of ForgePoint Capital. “The combination of open source software with carrier grade architecture design and development from the Uptycs team enables customers to solve a broad range of use cases at cloud-scale. It’s a game-changer in simplifying security and compliance.”
Before founding Uptycs, Pai was Chief Architect, Carrier Products & Strategy for Akamai Technologies, which he joined following the company’s acquisition of his startup Verivue, where he was Vice President of Systems Architecture. Roles prior to that included Principal Architect for NetDevices and Engineering Manager and Software Architect for Sonus Networks.
“A challenge in the modern enterprise is juggling the numerous point security solutions — each with their own data collection strategy — especially across a diverse ecosystem of IT assets. Uptycs combines the universality of osquery with meaningful views of data,” said Andy Ellis, Chief Security Officer at Akamai. “A team of any size or maturity benefits, taking action across a range of needs from compliance to incident response. As organizations grow, they will continue to benefit from the continuous monitoring and analytics Uptycs provides.”
Given Akamai’s acquisition of Pai’s previous startup, Ellis’ comment may indicate that the company is keeping an eye on Uptycs too.