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Today: January 11, 2025
April 20, 2024
1 min read

Anvilogic Secures $45M in Series C Funding

TLDR:

  • Anvilogic, a provider of a multi-data platform SIEM based in Palo Alto, CA, has raised $45M in Series C funding.
  • The funding round was led by Evolution Equity Partners and included participation from existing investors.

Anvilogic has closed a $45M Series C funding round led by Evolution Equity Partners, with participation from existing investors such as Foundation Capital, Cervin Ventures, Myriad Ventures, Point72 Ventures, Outpost Ventures, Stepstone Group, and G Squared. The company plans to use the funds to expand its generative AI features for additional use cases across the entire Security Operations Center (SOC) lifecycle and scale up its go-to-market efforts. Co-founded by Karthik Kannan & Deb Banerjee, Anvilogic offers a multi-data platform SIEM that enables detection engineers and threat hunters to continue using their existing SIEM while adopting a scalable data lake for high-volume data sources and advanced analytics use cases.

The system allows security leaders to join the modern data stack without disrupting existing processes. Security operations teams at banks, airlines, and large tech companies utilize Anvilogic’s modular detection engine, curated threat scenarios, and AI security copilot to detect threats at scale and save millions of dollars. Karthik Kannan, co-founder of Anvilogic, expressed excitement about the growth round, highlighting the validation of their approach and success in the enterprise market. The company looks forward to streamlining operations for the SOC and developing additional generative AI capabilities with the new funding.

Overall, Anvilogic’s Series C funding round signifies a significant milestone for the company as it aims to enhance its offerings and expand its market reach within the cybersecurity industry. With the support of Evolution Equity Partners and other investors, Anvilogic is well-positioned to continue innovating in the field of security operations technology.

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