Confluera

Confluera

Real-time cybersecurity attack interception platform

About Confluera

Simplify's Rating
Why Confluera is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Cybersecurity

Company Size

11-50

Company Stage

Series B

Total Funding

$28.2M

Headquarters

Palo Alto, California

Founded

2019

Overview

Confluera provides a real-time attack interception and defense platform aimed at protecting enterprises from advanced cyber threats. The platform works by continuously monitoring an organization's network to detect and stop attackers as they attempt to infiltrate the system. It employs automated response mechanisms to quickly address threats, ensuring that digital assets remain secure. Unlike many competitors, Confluera focuses on a deterministic approach to cybersecurity, which means it aims to provide clear and predictable outcomes in threat management. The company's goal is to offer continuous protection through a subscription-based model, allowing clients to receive regular updates and additional security features as needed.

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Simplify's Take

What believers are saying

  • Increased demand for cloud-native security boosts Confluera's market potential.
  • Acquisition by XM Cyber provides additional resources and market reach.
  • Rising importance of real-time threat detection aligns with Confluera's core features.

What critics are saying

  • Acquisition by XM Cyber may lead to strategic shifts affecting customer base.
  • Highly competitive cybersecurity market pressures Confluera's market share.
  • Subscription-based revenue model risks downturns in customer renewals.

What makes Confluera unique

  • Confluera offers real-time attack interception using a Continuous Attack Graph.
  • Their platform automates threat detection, reducing false positives and analyst workload.
  • Confluera's Cloud eXtended Detection and Response (CxDR) is tailored for cloud-native environments.

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Funding

Total Funding

$28.2M

Below

Industry Average

Funded Over

2 Rounds

Notable Investors:
Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

$35M
$30M
Patreon
$45M
Linktree
$65M
Substack
$100M
ClickUp

Company News

Business Wire
Nov 30th, 2023
Confluera Raises $20 Million in oversubscribed Series B round to accelerate adoption of autonomous security for Cloud Infrastructure.

Confluera today announced that it has raised over $20 million in Series B funding led by Icon Ventures to unlock the future of cyber threat detection

SiliconANGLE
Mar 23rd, 2023
XM Cyber acquires Confluera to enhance its cloud-native protection services

XM Cyber acquires Confluera to enhance its cloud-native protection services - SiliconANGLE

Finsmes
Mar 22nd, 2023
XM Cyber Acquires Confluera

XM Cyber, a Herzlya, Israel-based company focused on hybrid cloud security, acquired Confluera, a Palo Alto, CA-based company which specializes in cyber attack detection and response for the cloud.

Tech Audit Lab
Mar 2nd, 2022
Confluera Inc. receives award Bronze in the Startup of the Year Security Cloud/SaaS category

Confluera was also awarded Bronze in the Startup of the Year Security Cloud/SaaS category for their role in establishing the Cloud eXtended Detection and Response (CxDR) market.

Confluera
Mar 2nd, 2022
Confluera Named Four-Time Winner in the 2022 Globee Cyber Security Excellence Awards® Mar 02, 2022

Confluera, the leading provider of next-generation cloud cyber attack detection and response, today announced that the company and its executives have been recognized in four categories of this year’s Globee Cyber Security Excellence Awards.

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