With $3.3M in Seed Funding, Paladin Cloud Launches to Holistically Improve Cloud Security

PISCATAWAY, N.J., July 11, 2022 (GLOBE NEWSWIRE) -- Paladin Cloud , the cloud native, open source security company, today announced a $3.3 million seed financing round led by Okapi Venture Capital and Bowery Capital, with participation from SaaS Ventures, Touchdown Ventures, Samsung Next, T-Mobile Ventures and UST. The Security-as-Code platform uses an extensible policy management plane to holistically improve cloud security for developers and security teams, and is now available to the general public covering AWS, Microsoft Azure, and Google Cloud. Co-Founders Daniel Deeney (CEO) and Steve Hull (CTO) launched the company to help businesses identify and eliminate misconfigurations and reduce security risks in their cloud environments. Hull is the original creator of the PacBot open source community, and the two have developed a broader vision to leverage the power of open source to engage the developer community with a modern security framework that includes an open architecture to connect into a wide variety of cloud-based enterprise systems, such as Kubernetes, container scanning, API gateways and threat intelligence. The open source platform contains hundreds of best practice security policies while providing authoring capabilities to build custom policies and rules. The platform's key features and functionality include self-healing auto-fixes and role-based access control (RBAC), to drive automated workflow and remediation. "We launched the company to change the security paradigm for developers and security teams by providing a holistic approach to cloud security through a modern open source platform that functions as a policy ... Full story available on Benzinga.com