Kathryn Shih is an Entrepreneur in Residence at Forgepoint. Learn more about her background here. Kathryn, your background is unique. You started your career as a software engineer, pivoted to product management, and are now an expert in generative…Read More
Infrastructure, development, and security teams have more to manage today than ever before. When success means rapid and secure build and deployment of complex applications in distributed cloud environments – organizations need solutions that are not only agile but those that can also abstract away and automate non-core activities.
Hitherto, ensuring cloud security and compliance has been a manual and tedious effort that is fraught with human error, leading to increased business risk and slowing growth. There’s also significant time and expense involved, whether companies utilize in-house devops and security teams or hire professional services firms on costly retainers.
Enter Anitian, which helps modern enterprises deploy applications faster and more securely with comprehensive cloud security and compliance automation. Its SecureCloud platform is pre-engineered and pre-hardened to adhere to the most rigorous standards – unifying security, devops, and compliance. The platform deploys within a day, secures applications from the cloud and into production 80% faster, and for customers going through FEDRAMP – helps them be audit ready in 60 days and at 50% of the cost.
We at Forgepoint Capital believe in investing in companies that provide tangible value to customers by alleviating actual pain points. Our lead Series A investment in Anitian in 2019 was guided by this principle – that we can give more to customers without having them *do* more, driving real ROI. It’s no wonder why Anitian has grown leaps and bounds since then – tripling their revenue and customer growth rates in 2020 and 2021 while achieving important certifications and winning an array of industry awards.
It’s been an exciting ride so far to partner with Anitian, whose customers worldwide have been using the SecureCloud platform to accelerate their move to the cloud, make their applications secure and compliant, and unlock new revenue in weeks versus months or years. Today, I’m thrilled to announce the $55 million Series B investment into the company led by Sageview Capital with Forgepoint’s continued participation. Sean Cunningham and I are very much looking forward to teaming up with Ned Gilhuly and Jeff Klemens from Sageview Capital, and to continuing our partnership with President & CEO Rakesh Narasimhan and his leadership team to help Anitian scale further and grow.
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