About Sift Security
Sift Security is a Technology company based in Menlo Park (United States) founded in 2014, and was acquired by Netskope in July 2018. Cyber threats are identified and investigated via big data analytics. Sift Security has raised $8.02 million across 3 funding rounds from investors including Netskope and Freeman Group. The company was acqui-hired. Its focus areas include Enterprise Applications, Big Data Analytics, Enterprise Solutions and Information Technology. Its legal entity is Sift Security, Inc. Its competitors include Netskope, Versa Networks and Iboss; 3 of its 3 listed competitors have raised funding.
Company details
Sift Security was founded in 2014 in Menlo Park, United States, as an enterprise cybersecurity firm. Big data and advanced analytics are utilized to detect, prioritize, and analyze internal risks for large organizations. The platform supports incident response in the security sector. Expertise is drawn from professionals at McAfee, VeriSign, ArcSight, Shape Security, Amazon, and Oracle. Operations emerged from stealth mode in July 2016.
- Headquarters Menlo Park, United States
- Stage Acquired
- SectorsTechnology
- Website siftsecurity.com
- Social LinkedIn X Facebook
- Acquired by Netskope (Jul 2018)
- Legal Name Sift Security, Inc.
Funding Insights of Sift Security
Sift Security has successfully raised a total of $8.02M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $3 million completed in February 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $8.02M
- Total Rounds 3
- Last Round Seed — $3M
- First Round $1.77M
(Mar 2015)
- Investors Count 1
All 3 funding rounds of Sift Security with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2018 | $3M | Seed | – | – | – |
| Jul 2016 | $3.25M | Seed | – | – | |
| Mar 2015 | $1.77M | Seed | – | – | – |
2 investors in total: 2 institutional.
Investors in Sift Security
Sift Security has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Netskope and Freeman Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A private investment and asset management firm is operated. | 2000 | freemangp.com | ||
Cloud security solutions are delivered for enterprise visibility and protection. | 2012 | netskope.com | Santa Clara, United States |
Investor details for Sift Security
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Timeline of Sift Security
4 dated milestones of Sift Security across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Sift Security is founded.
- Funding First funding round of $1.8M.
- Funding Latest funding round, Seed, of $3.0M.
- Exit Acquired by Netskope.
Competitors of Sift Security
Sift Security has 3 listed competitors in our database, 3 of them funded. They include Netskope, Versa Networks and Iboss.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| netskope.com | 2012 | Santa Clara, United States | $1.44B | 114 | Cloud security solutions are delivered for enterprise visibility and protection. | |
| versa-networks.com | 2012 | Cupertino, United States | $313.35M | 371 | SASE network security solutions are delivered through cloud-based platform. | |
| iboss.com | 2003 | San Diego, United States | $230M | 235 | Cloud-based converged network security is provided for corporate networks. |
Detailed competitors of Sift Security
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Top companies in Business Analytics & Intelligence Tools
3 companies that operate in the same segment as Sift Security (Business Analytics & Intelligence Tools) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Data, analytics, and AI capabilities are unified in a platform. | 2013 | San Francisco, California, United States | USD 20.67 B | USD 15.9 M | 5,679 | |
Platform that provides data analysis and management solutions | 2003 | Denver, Colorado, United States | USD 2.46 B | USD 2.87 B | 5,915 | |
Cloud-based platform for enterprise search | 2019 | Palo Alto, California, United States | USD 765.3 M | 1,751 |
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Related news about Sift Security
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Frequently Asked Questions about Sift Security
Sift Security was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Sift Security is headquartered in Menlo Park, United States. It is registered at Menlo Park, California, United States.
Sift Security is a funded company, having raised a total of $8.02M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.77M, raised on Mar 2015.
Sift Security was founded in 2014 in Menlo Park, United States, as an enterprise cybersecurity firm. Big data and advanced analytics are utilized to detect, prioritize, and analyze internal risks for large organizations. The platform supports incident response in the security sector. Expertise is drawn from professionals at McAfee, VeriSign, ArcSight, Shape Security, Amazon, and Oracle. Operations emerged from stealth mode in July 2016.
Sift Security's top competitors include Netskope, Versa Networks and Iboss.
Sift Security has 2 investors. Key investors include Netskope, and Freeman Group.
Sift Security operates through Sift Security, Inc..
Yes. Sift Security was acquired by Netskope in July 2018.