National Grid Partners leads seed investment in Zero Trust Cloud Security innovator AccuKnox, with strategic investment from SRI, z5Capital and Outliers VC.
MENLO PARK, Calif., April 27, 2021 /PRNewswire/ — AccuKnox, formed in partnership with SRI (Stanford Research Institute), today announced that it has closed an over-subscribed $4.6 million seed financing led by National Grid Partners, with strategic participation from SRI, z5Capital and Outliers VC. The funding will be used to expand the engineering team and enable AccuKnox to further capitalize on its technology innovations in security and Zero Trust in dynamic, cloud-native environments. The company plans to deliver on open source and commercial offerings before the end of this year.
AccuKnox Secures $4.6M in Seed Funding to Meet Growing Demand for Zero-Trust Kubernetes Security Solutions
In addition, AccuKnox announced that Phil Porras, Program Director and Internet Security Group Leader, Computer Science Laboratory, SRI, has joined the company, assuming the role of Chief Scientist. The founding team includes Asif Ali, Nat Natraj, Rahul Jadhav and Phil Porras.
AccuKnox is a Zero Trust run-time Kubernetes security platform that leverages an identity-driven approach. Kubernetes, one of the fastest growing open source projects, is the foundation of cloud-native applications. AccuKnox is the founding team behind KubeArmor, an open source run-time security enforcement system that leverages Linux Security Module (LSM). The company’s technology is anchored on seminal patented innovations in container security, un-supervised learning and data provenance developed at Stanford Research Institute.
AccuKnox leverages best in class foundational open source platforms like eBPF, SPIFFE, OPA, and Kyverno; and provides a comprehensive security, compliance and governance platform for Public Cloud and Private clouds.
“The AccuKnox team under Nat Natraj’s leadership is made up of proven, cloud-native DevSecOps professionals,” said Lisa Lambert, Chief Technology and Innovation Officer at National Grid and Founder and President of National Grid Partners. “We’re confident that the combination of SRI innovations and AccuKnox’s proven team will deliver a category leading, Zero Trust security platform to address emerging threats.”
National Grid Partners Director Raghu Madabushi will join the AccuKnox board.
Gartner projects that by 2022, more than 75% of global organizations will be running containerized applications in