Cyber Security Startup Twistlock Secures $33 Million in Funding

Twistlock, a container and cloud native cyber security company, raised $33 million in Series C funding led by ICONIQ Capital. Existing investors YL Ventures, TenEleven, Rally Ventures, Polaris Partners, and Dell Technologies Capital all participated in the round, which brings Twistlock’s total funding to $63 million to date.

According to the company, Twistlock has grown its customer base 350 percent each year since its launch in 2015, and counts 25 percent of Fortune 100 companies as customers, including McKesson, Walgreens, Aetna, and USAA. The Twistlock Advantage Program, a global reseller and technology partner network, launched in 2018, has 75 members committed to working alongside Twistlock in delivering secure cloud native solutions. Twistlock has also experienced headcount growth, with a 200 percent year-over-year increase, and the opening of five offices across the globe.

Twistlock plans to use the funding to scale its operations and build upon its customer and partner base established over the past three years.