Polyverse has raised more funding to fuel growth of its Linux cybersecurity technology.
The Seattle-area startup just reeled in another $2 million from some existing investors, bringing total funding to date to $7 million.
The 3-year-old company is picking up traction with its Polymorphic Linux product, which protects software from cyberattacks using moving target defense technologies, creating a “constantly changing attack surface extraordinarily difficult for attackers to penetrate,” its website notes.
Polymorphic Linux protects the full Linux stack and more than 10,000 open source projects. It stop zero-day attacks like Spectre and Meltdown, and doesn’t affect application performance or scale.
“It’s intrinsically secure,” noted Polyverse CEO Alex Gounares.
The startup is now profitable and growing “incredibly fast,” said Gounares, who previously served as CTO of AOL, corporate vice president at Microsoft, and technology advisor to Bill Gates. It brought in as much revenue last quarter than it did for the entire 2017 calendar year.
“Polymorphic Linux has been absolutely on fire,” Gounares said.
Polyverse will use the money to grow its 20-person team and add sales horsepower. You can read more about Gounares with our recent Geek of the Week feature.
[Editor’s note: This post was updated to clarify which existing investors participated in the round.]