SECDO, an Israeli-founded incident response platform, has raised $10 million in a Series A round led by Elron and Rafael subsidiary RDC, Check Point cofounder Marius Nacht, and the three founders of Anobit.
The new funds will be used to expand SECDO’s R&D, sales, and customer support.
SECDO’s platform for incident response and forensic investigations is used by 2,000 companies in industries like finance, healthcare, telecom, and critical infrastructure.
Security alerts have become unmanageable due to their regularity and the industry is shifting to a model of incident response to contain any breaches, said Shai Morag, CEO of SECDO.
“With SECDO, security teams can instantly investigate any lead and take immediate action to isolate and remediate the threat,” he said. “With this latest round of investment, we will continue to develop our patent-pending technology while expanding our sales and support operations in the US.”
“Enterprises realize now that effective incident response requires a combination of endpoint visibility, forensic analysis and real-time response tools,” said Check Point’s Marius Nacht. “SECDO is able to provide it in a simple and intuitive way and from a single pane of glass.”
SECDO has offices in Israel and New York.