When we founded CloudLock almost 4 years ago we had a clear vision in mind – to help organizations transform their business by leveraging the cloud – in a secure way. Staying true to that vision, we have built CloudLock into the leader for cloud data protection, capturing security insight for more than 5 million enterprise users with more than 15 billion data objects every single day at some of the world’s largest companies.
With success come opportunities, and today marks a key milestone along the path of further accelerating our growth. We have closed a $6.7M funding round supported by our existing investors. The cloud security market is among the hottest sectors in technology. And while there was significant interest from the market in this round, we have always believed that building the most successful company is about managing growth responsibly and at the same time focusing on adding value for our customers. We couldn’t be more pleased to see the support and backing we’ve received from our existing investors, and we closed the round in what we believe is a record time during a period when the company is growing more than 100% year over year.
Based on the very positive reception of the market of our offering and direction, we’ll leverage the injection of capital to further accelerate our execution plan and vision of being the security fabric for the enterprise.
In a time when the power is increasingly shifting to the users, organizations are looking to harness the strength of the user community rather than taking traditional defend and block approaches. The cloud allows us all as individuals and members of organizations to tap into communal knowledge of what works and makes our business and personal lives more efficient. CloudLock taps into that trend with a people-centric security approach. Users are part of the solution, not part of the problem. The cloud itself is not the problem but rather the opportunity for organizations to transform their businesses.
In the coming weeks, we’ll be unveiling the next phase of how we help organizations leverage the power of the cloud securely so stay tuned for more news!
CEO and Co-founder, CloudLock