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Venture Capital News: Kolide Raises $8M in Series A

2018-04-17
CAMBRIDGE, MA, Kolide Cloud announced that it has raised $8 million in Series A funding in a round led by Matrix Partners.
Kolide, a security-first infrastructure analytics company, today announced the launch of Kolide Cloud, a powerful SaaS platform aimed at fast-growing technology companies. Kolide Cloud provides the visibility and actionable insights organizations need to navigate today's increasingly complex cyber security and compliance landscape. In addition to Kolide Cloud, the company announced that it has raised $8 million in Series A funding in a round led by Matrix Partners.

Developed by the team that created Osquery and leading security experts hailing from Facebook, Mandiant, and Carbon Black, Kolide Cloud ushers in a new era of fleet management. Kolide Cloud is the first product focused on organizations' pressing needs to gain security, compliance, and operational insights across a diverse set of devices and infrastructure in a single product.

"The industry today is entirely focused on Fortune 100 demands for solutions to very niche problems that don't translate well to the next generation," said Kolide CEO and co-founder, Jason Meller. "With Kolide Cloud, we've taken the best of what large web-scale enterprises are able to build for themselves and made it simple to deploy, easy to configure, and immediately useful for everyone else. It answers all of your infrastructure questions, especially the ones you didn't think to ask."

Osquery Powers Kolide
Unlike most endpoint security companies that fanatically protect the intellectual property of their agent, Kolide was created using Osquery, an open-source agent originally developed by co-founders Mike Arpaia and Zach Wasserman during their time on Facebook's security team. Osquery, which is rapidly gaining popularity across an impressive variety of organizations such as Palantir, Duo, Square, Stripe, Atlassian, and Twitch, turns an organization's fleet into a live database that can be queried with SQL.

"Collecting useful data from a device, while important, is essentially a commodity today," said Mike Arpaia, Kolide's CTO and creator of Osquery. "Successful security companies will win based on the quality of insights derived from that data and the speed at which those insights are provided. Vendors collecting data from a common agent like Osquery will be at a distinct advantage."

Total Device Visibility Now and in the Future
To further Kolide's mission of answering any question on every machine, the company raised $8 million in Series A funding. Matrix Partners' general partner and lead investor, Antonio Rodriguez, joined Kolide's board of directors.

"When I saw Osquery as the underlying engine for a user-first security application, I was struck by how much power it had out of the box," said Mr. Rodriguez. "But what got me really excited was how much empathy Jason, Mike, Zach and the rest of the team have for making it easy and delightful for normal users. This represents a new way forward in an industry known for either 'black box magic,' or bloatware that users hate and that perpetually frustrates administrators."

Organizations looking to monitor their Mac fleet can get Kolide Cloud today at https://kolide.com/product. Improved Linux and Windows support, as well as additional features, will be available later this year. To learn more, please visit https://kolide.com.

About Kolide
Kolide is a security infrastructure analytics company that enables high-growth organizations to address relevant and complex security and compliance needs. Kolide does this by collecting and analyzing data from your organization's devices to deliver actionable insights through a thoughtful user experience. The company is backed by Matrix Partners and is based in Cambridge, MA. For more information, please visit kolide.com
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