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Billd, Babson Diagnostics, Sevco Security & more snag funding

Billd, Babson Diagnostics, Sevco Security & more snag funding
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Sevco Security Raises $15M in Series A Funding

Sevco Security, an Austin TX-based provider of a cloud-native security asset intelligence platform, raised $15M in Series A funding. The round was led by SYN Ventures, with participation from .406 Ventures, Accomplice, Bill Wood Ventures and Fama Ventures. The company intends to use the funds to scale adoption of its platform Led by J.J. Guy, co-founder and CEO, Sevco provides a cloud-powered security asset intelligence platform that delivers continuous converged visibility of all assets across siloed systems; and the telemetry required to understand how assets change in a dynamic environment over time. Sevco integrates with existing sources via native APIs to pull their view of security asset inventory. The platform does not require any installed agents, deployed scanners, or remote access to be enabled to an on-premises installation. The cloud-native platform integrates in seconds to existing tools via native-API to capture asset metadata, and Sevco captures inventory reported

Preventing another Equifax: Sevco looks to transform asset management

Mark Begor,(L), CEO of Equifax appears before the Senate Homeland Security and Governmental Affairs Subcommittee on Capitol Hill, March 7, 2019 to testify about the company’s data breach. Lack of a mature inventory of its IT assets was a contributing factor. (Photo by Mark Wilson/Getty Images) Sevco Security announced $15 million in Series A funding on Wednesday contributing to a vision from the founders to transform an emerging product category much in the same way they did endpoint detection and response (EDR) with Carbon Black in 2002. J.J. Guy, Sevco co-founder and CEO and a Carbon Black founder, said the company will use the funding to deliver cloud-based visibility into a company’s asset inventory and the telemetry required to understand how those assets change over time.

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