Expel secured $20 million in Series B funding led by Scale Venture Partners, a Silicon Valley-based venture capital firm, as well as existing investors Battery Ventures, Greycroft, Lightbank, NEA, Paladin Capital Group, and Profile Capital Management.
Expel’s new approach, called transparent managed security, uses customers’ existing security products to constantly monitor their environment and investigate suspicious activity. According to the company, customers can watch investigations as they’re unfolding and take action immediately – all within a shared interface.