Cado Security announced that it closed $10 million in Series A funding, bringing the company’s total capital raised to $11.5 million. The new funding comes only six months after the company closed its seed round, due to the significant demand for its platform. Gartner: Nearly 70 percent of enterprises plan to accelerate spending in cloud services in 2021. The Cado Response platform automates data collection from multiple sources, including cloud and containers, while also supporting traditional, on-premises systems to provide 100% of the data.
Source: https://www.helpnetsecurity.com/2021/04/19/cado-security-funding/