oak9, a leader in infrastructure-as-code (IaC) security, achieved a stand-out 2021 and is poised to accelerate growth in 2022.
In June of 2021, oak9 announced a $5.9M seed round of financing led by Menlo Ventures and accompanied by Hyde Park Angels and Uncorrelated Ventures. oak9 then launched its product in August after more than two years in engineering and development. oak9 has since forged partnerships and integrations with a number of major development and workflow platforms, including GitHub, ServiceNow, and Jira, with more to come in 2022. Most notably, the company signed multiple key deals in Q4 and has quadrupled its workforce in the last 12 months.
Based on its 2021 performance and plans for strategic growth in 2022, oak9 projects 500% growth in revenue this year. To reach that milestone, the company is planning to double its headcount in the first half of 2022. This includes hiring in India, where the company has opened a second office in one of the fastest-adopting IaC markets in the world.
“2021 was about launching our platform and carving out our space in the market,” said Raj Datta, oak9 co-founder and CEO. “2022 will be about rapid acceleration and growth to serve the needs of our customers. As more organizations look to adopt IaC, our growing list of integrations and our expanding team will position oak9 to be the top security platform in the market.”
As companies continue to adopt and use IaC, they are recognizing the inherent security risks that arise when accelerating the development process. The oak9 platform speeds the delivery of cloud-native applications while providing comprehensive security to automatically find and fix vulnerabilities where they exist.
With Gartner predicting worldwide IT spending to increase by 5.1% in 2022, totaling $4.5 trillion, and Forrester estimating cloud security spend to account for more than $12 billion by 2023, companies are continuing to prioritize flexibility and agility.
Currently available via AWS marketplace – and soon the Azure marketplace – the oak9 platform acts as a force multiplier that seamlessly integrates into the software development lifecycle, analyzes infrastructure as code, and natively incorporates security based on a holistic and comprehensive view of an application’s architecture and components. It saves customers’ money by catching security design gaps prior to production, avoiding the considerable waste and rework associated with fixing issues after an application has already gone to production. Continuous, dynamic monitoring maintains security and compliance across a customer’s entire evolving ecosystem.
About oak9
The oak9 platform is built for developers and blessed by security to accelerate delivery. It seamlessly integrates into the development pipeline, analyzes infrastructure as code, and builds security into cloud-native applications so they are secure and compliant by design. Learn more at oak9.io.
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