Cado Security Receives €18.9 Million Investment

Cado Security develops software that helps security teams respond quickly to threats. The company will further expand this work with an investment of 18.9 million euros. To date, Cado Security has raised a total of €29.82 million in funding. The financing round was led by Eurazeo, a global investment firm. The round was also led by Ten Eleven Ventures, a global, non-investment stage investment firm focused on cybersecurity.

Also Read: Google Translate Updated with Image Text Recognition!

Cado Security

A smarter and faster way to respond to cyber incidents

Cado Security was founded in 2020 by James Campbell and Christopher Doman. It claims to offer the first cloud forensics and incident response platform. This platform leverages the size and speed of the cloud by simplifying forensic-level data collection and processing across cloud, container and serverless systems.

Cado Security has witnessed accelerated growth and achieved significant milestones over the past year, including its availability on the Microsoft Azure Marketplace, AWS Marketplace. Cado Security was selected as one of the top 10 nominees for the RSA Conference 2022 Innovation Sandbox Competition. And it was named to CRN's 2023 Security 100 List for its platform's capacity to deliver complete cloud forensics and incident response capabilities.