In a recent report, leading analyst firm Gartner predicted that the Public Cloud Services Market will reach $397.4B this year. In part, this is due to an ever-increasing number of enterprises making digital transformation a top priority for their businesses. As these enterprises harness the power of hyperscale public cloud infrastructures to fuel business growth and enable hybrid workforces, the complexity of cloud infrastructure security and compliance remains a major impediment for enterprise DevOps, security, and business teams.
That’s why I’m excited to announce today Anitian’s Series B funding led by Sageview Capital, with participation from our existing investor, Forgepoint Capital. Our new funding is a significant milestone in accelerating our mission to provide the most innovative cloud security, compliance automation, and cloud security posture management (CSPM) platforms that enable enterprises of all sizes with the fastest path to security and compliance in the cloud. Our Series B adds an additional $55M of funding and brings our total funding to $71M.
What this means for our customers and partners
Whether pursuing the lucrative $150B federal market and driving FedRAMP readiness or moving and migrating complex workloads and applications to multi-cloud environments, the journey from application to cloud and market is simply too difficult, costly, and risky. And once you get there, trying to maintain a secure and compliant cloud posture in run-time – critical to preventing breaches and misconfigurations – can be a daunting task. Cloud security and compliance need to keep pace with these dynamic business requirements while working to enable and accelerate business growth.
At Anitian, we believe security is a force for good and our mission is to make security and compliance easy for our customers by providing a complete suite of security solutions and services in the cloud. When I first joined the Anitian team in 2020, we knew that if we could leverage automation, standardization, and a pre-engineered FedRAMP cloud security and compliance platform, we could empower companies with the fastest path to FedRAMP audit-readiness so they could drive business growth in the explosive federal market. In doing so, we’ve helped enterprises of all sizes accelerate their time to market and revenue by 80% and reduce their costs by 50% on their FedRAMP journey.
On behalf of everyone at Anitian, thank you for your support and trust, and for helping us get to where we are. For our team, it’s been a profound privilege delivering real value to our customers, while building the most strategic partnerships with our cloud, technology, and alliance partners.
Yet, the greatest opportunities are still ahead of us.
The Anitian future
At Anitian, we attribute our success and advances in cloud security and compliance automation to the exceptional people who work here. We will continue to invest in the best and brightest team members, while also expanding our investments in our industry-leading and award-winning cloud security platforms.
Our unwavering focus remains to help our customers solve some of their biggest, most complex, and costliest cloud security and compliance challenges via new innovations from Anitian collaborating with our partners in enterprise cloud security, DevSecOps, CSPM, and compliance automation.
For more on the investment, read the official announcement.