Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cybersecurity Funding

Chronicle Co-Founder Launches New Cybersecurity Company Stairwell

Newly launched cybersecurity company Stairwell, which aims to provide security teams with more tools to identify adversaries, has closed a $4.5 million seed investment round.

Newly launched cybersecurity company Stairwell, which aims to provide security teams with more tools to identify adversaries, has closed a $4.5 million seed investment round.

The new organization is founded and led by Mike Wiacek, who previously founded Google’s Threat Analysis Group and co-founded Alphabet’s enterprise security firm Chronicle. Jan Kang, former chief legal officer at Chronicle, joins Stairwell as COO and general counsel.

Stairwell has shared very few details about its products, but described them as user-centric tools designed to help security teams “understand the pivotal relationships between their external and internal data sources,” thus helping them proactively combat cyberattacks.

“Security teams today are beholden to siloed tools that cannot identify ambient connections between their external and internal data sources and provide only baseline level protection against generic threats. We started Stairwell so security teams have a cohesive understanding of what’s good, what’s bad, and why, so they can actively defend against the most sophisticated threats,” Wiacek said.

The funding round was led by Accel, but also saw participation from Sequoia Capital, Gradient Ventures, and Allen & Company LLC, as well as from other angel investors.

Related: Payment and Data Security Firm Bluefin Raises $25 Million

Related: Cyber Espionage Detection Firm Strider Technologies Raises $10 Million

Related: Arctic Wolf Valued at $1.3 Billion After $200 Million Funding Round

Advertisement. Scroll to continue reading.

Related: DevSecOps Company apiiro Emerges From Stealth With $35 Million in Funding

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

Click to comment

Trending

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Join the session as we discuss the challenges and best practices for cybersecurity leaders managing cloud identities.

Register

SecurityWeek’s Ransomware Resilience and Recovery Summit helps businesses to plan, prepare, and recover from a ransomware incident.

Register

Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Cybersecurity Funding

SecurityWeek investigates how political/economic conditions will affect venture capital funding for cybersecurity firms during 2023.

CISO Strategy

SecurityWeek spoke with more than 300 cybersecurity experts to see what is bubbling beneath the surface, and examine how those evolving threats will present...

CISO Conversations

Joanna Burkey, CISO at HP, and Kevin Cross, CISO at Dell, discuss how the role of a CISO is different for a multinational corporation...

CISO Conversations

In this issue of CISO Conversations we talk to two CISOs about solving the CISO/CIO conflict by combining the roles under one person.

CISO Strategy

Security professionals understand the need for resilience in their company’s security posture, but often fail to build their own psychological resilience to stress.

Cyber Insurance

Cyberinsurance and protection firm Boxx Insurance raises $14.4 million in a Series B funding round led by Zurich Insurance.