Fleet Raises $20M for Endpoint Visibility Technology

Fleet, an endpoint visibility technology vendor with open-source roots, has attracted $20 million in new funding at a valuation in the range of $100 million. The San Francisco, Calif. Startup, the brainchild of former Facebook engineer Zach Wasserman, said the $20 million Series A was led by venture capital outfit CRV with participation from a…

Fleet, an endpoint visibility technology vendor with open-source roots, has attracted $20 million in new funding at a valuation in the range of $100 million.

The San Francisco, Calif. Startup, the brainchild of former Facebook engineer Zach Wasserman, said the $20 million Series A was led by venture capital outfit CRV with participation from a range of prominent cybersecurity executives.

The new round brings the total raised by Fleet to $25 million and provides a runway for the company to build and sell its platform in a very competitive marketplace.

Fleet’s co-founder Zach Wasserman is a well-known open-source software engineer who worked on Osquery while at Facebook and founded two companies based on the operating system instrumentation framework for Windows, OS X (macOS), and Linux.

In a statement announcing the new financing, Fleet said its platform has enrolled more than 1.65 million devices at organizations that include Uber, Heroku, Dropbox, Square, Ernst & Young, Wayfair, Schrödinger, and Gusto.

Fleet is building an open-source software platform to help businesses manage and secure employee laptops, cloud servers across multiple operating systems.

Ryan Naraine is Editor-at-Large at SecurityWeek and host of the popular Security Conversations podcast series. He is a journalist and cybersecurity strategist with more than 20 years experience covering IT security and technology trends. Ryan has built security engagement programs at major global brands, including Intel Corp., Bishop Fox and Kaspersky GReAT. He is a co-founder of Threatpost and the global SAS conference series. Ryan’s career as a journalist includes bylines at major technology publications including Ziff Davis eWEEK, CBS Interactive’s ZDNet, PCMag and PC World. Ryan is a director of the Security Tinkerers non-profit, and a regular speaker at security conferences around the world. Follow Ryan on Twitter @ryanaraine.Previous Columns by Ryan Naraine:Tags:
Source