Kolide raises $17M in a Series B round led by OpenView Partners
At a Glance
Kolide, a user-centric endpoint security system, has raised $17M in a Series B round to help with its go-to-market strategy and hiring more engineers and developers. Kolide presently manages 250 customers, thousands of users, and 23,000 devices with an eight-person staff.
Kolide, a user-focused endpoint security platform, has announced that it has raised $17 million in a Series B funding round led by OpenView Partners. The other participant was Matrix Partners.
The funding takes Kolide’s total funding to $27 million, with CEO Jason Meller stating that it will be used to assist the company’s go-to-market strategy and hire additional engineers and developers.
Jason said, “While most security practitioners are honest, the tools they are using may not be. If better tools were available which helped improve the relationship between the security team and the end-user, security teams would see their value immediately. Such values and benefits include a transparent collection of data, a more knowledgeable and security-versed workforce, and meeting your company and team’s internal security and compliance goals.”
Kolide, which Jason co-founded with Mike Arpaia and Zach Wasserman in 2016, supports this mindset with a Slack-based application that provides notifications, remediation, and more. Customers and their employees can benefit from features such as issue context, self-remediation actions for Mac, Windows, and Linux devices, and a tailored privacy center, all of which are based on Osquery, an open-source and Facebook-led universal endpoint agent project.
[We] believe that the values an organization stands behind should be well-represented in their security program and that positive working relationships between end-users and the IT team are precious and worth fostering. However, because today’s industry is obsessed with creating tools focused only on extending visibility and increasing the IT team’s control over the employee’s digital assets, this critical relationship is irreparably destroyed. Jason Meller, CEO at Kolide
Kolide competes in the rapidly expanding worldwide endpoint security market, which is expected to be worth $23 billion by 2027. Huntress, Automox, and Uptycs are competitors, with the latter recently receiving a $50 million Series C from Norwest Venture Partners.
Kolide’s [honest security] values and benefits include a transparent collection of data, a more knowledgeable and security-versed workforce, and meeting your company and team’s internal security and compliance goals. These benefits can only be realized when that relationship is reinforced with accountability, transparency, and ethics. In other words: honestyJason Meller, CEO at Kolide
Kolide, which employs an eight-person team, currently manages 250 customers (including 1Password) with thousands of users and 23,000 devices. Glassdoor, according to Jason, uses Kolide to support users and manage security compliance, allowing employees to learn more about the state of their devices and aid in their care and maintenance.