Sevco Security Raises $15M in Funding, Unveils Intelligence Platform

Sevco Security has received $15 million in Series A funding led by SYN Ventures. The company is using the funding to launch and drive adoption of its cloud-native security asset intelligence platform, according to a prepared statement.

Sevco’s founding team includes members of the founding teams of Carbon Black (acquired by VMware) and Cylance (acquired by BlackBerry). Also, SYN and other Sevco investors were original investors in Carbon Black or BlackBerry Cylance.

Organizations can use Sevco’s platform to create and manage a converged asset inventory, the company said. The platform generates real-time asset telemetry that security and IT systems and teams can use to establish and maintain this inventory and uncover security blind spots.

Sevco’s platform does not require any installed agents or deployed scanners, the company stated. Instead, organizations can use native APIs to integrate Sevco’s platform into their IT environments.

Organizations can leverage Sevco’s platform to capture inventory from asset sources every hour, the company indicated. They can then compare each reported asset state to a previously reported state and generate change events as needed.

In addition, Sevco’s platform uses an Asset Correlation Engine to identify attributes from source systems to join disparate inventory reports and build a converged inventory, the company noted. The platform also produces interactive Venn diagrams that show “well managed” assets, devices missing specific controls and “known and expected” security gaps.

 

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