Tamnoon Secures $12M to Enhance Hybrid Human-AI Cloud Security
Tamnoon Secures Significant Investment for Growth
SEATTLE -- Tamnoon, renowned for its innovation in Managed Cloud Security Remediation, has announced an impressive $12 million raised in Series A funding. This investment was spearheaded by the cybersecurity investment firm Bright Pixel Capital, drawing in notable participation from Blu Ventures and Mindset Ventures as well as existing allies such as Merlin Ventures and Secret Chord Ventures.
Launch of the First Hybrid Human-AI Security Service
Tamnoon has established itself as the pioneer of a hybrid human-AI managed service, meticulously designed to address cloud security remediation. The company's founders, experienced luminaries in cloud security as well as the AI and ML arenas, have combined artificial intelligence with human intelligence to create a remediation process that is both scalable and efficient. This innovative approach targets cloud security optimally, ensuring business operations remain uninterrupted.
Transforming Cloud Security Practices
“The conventional methods of either fully automated or merely human-driven cloud remediation cannot sufficiently manage the complexities involved in cloud security posture management. Relying strictly on automation can lead to significant risks, particularly in critical production settings, where oversight is imperative,” commented Marina Segal, CEO and Co-founder of Tamnoon. “Our blend of advanced AI technology enhanced by expert human supervision drastically minimizes critical threat exposures, often nearing zero within mere months of implementation. Our gratitude extends to our investors and partners for their unwavering support in this journey.”
Challenges in Cloud Security: A Growing Concern
As a growing number of organizations transition their operations to the cloud, there is an increasing need for effective visibility and risk detection solutions. Many are investing in cloud-native application protection platforms as well as cloud security posture management, necessitating a scalable approach to remediation. Alarmingly, it typically takes around 145 hours to resolve a security alert in the cloud, with companies facing a staggering number of misconfigurations daily. Additionally, almost half of cybersecurity specialists have identified a lack of qualified personnel as a major hurdle in safeguarding cloud workloads.
The Need for a Balanced Approach
While the allure of automated remediation is undeniable, poorly designed implementations can inflict more damage than they solve. Creating alterations in complex cloud environments without sufficient oversight can result in operational failures. Present-day studies indicate that just 9% of cloud misconfigurations are remedied in real-time using automation.
Impressive Customer Outcomes and Feedback
Customers utilizing Tamnoon's services report remarkable enhancements in their cloud security operations. There is an impressive 90% reduction in critical cloud threat exposure within the first 90 days of engaging Tamnoon, with clients allocating just 10% of the resources they would typically need with traditional professionals services.
“As an early investor in the rapidly growing MDR sector, we view Tamnoon as a transformative force in cloud security, akin to how MDR altered the security operations center landscape. The merger of potent AI with expert human oversight allows for efficient remediation, aligning with the demands of increasingly complex cloud infrastructures,” said Marcos de Castro Osório, Investment Director at Bright Pixel. “In this age where resource optimization is vital, Tamnoon is positioned to significantly influence the market by streamlining prioritization and remediation processes.”
Future Directions for Tamnoon and Cloud Security
Tamnoon represents a critical juncture in the cloud security domain. Increasing investments in cloud security are projected, with a forecast of 24% growth noted by Gartner for 2024. Security and risk leaders are eager to enhance their security strategies, focusing on crucial factors such as reducing the mean time to resolution for alerts and minimizing attack surfaces. Tamnoon enables its clients to effectively manage critical CSPM and CNAPP alerts, ensuring swift remediation efforts while maximizing the full potential of their cloud security frameworks.
“Enhancing our cloud security posture is vital for business success. Tamnoon’s innovative hybrid human/AI managed service affords us tangible, measurable results swiftly and efficiently,” stated Brian DiPietro, Global Chief Information Security Officer at Warner Music Group. “With Tamnoon, we have expedited misconfiguration corrections and advanced our cloud security framework, all while ensuring operational continuity.”
The recent funding raises Tamnoon's total investment to more than $18 million within a year, following the completion of its Seed round. Since then, the company has enjoyed significant growth, more than doubling its client portfolio and extending its services to diverse industries spanning healthcare, entertainment, retail, and others throughout North America. Tamnoon aims to cultivate an extensive cloud partner ecosystem, assuring a comprehensive and effective managed service. The firm is integrating with leading cloud solutions including Wiz, Check Point CloudGuard, and others.
Tamnoon intends to leverage this new funding to fast-track its product roadmap, expand its collaborative partnerships, and intensify innovation within the managed cloud security space. Notably, their latest patent-pending feature, Tamnoon Prevent, is revolutionary as it prevents exposure to cloud vulnerabilities and misconfigurations in real-time by halting non-secure configurations from being activated.
About Tamnoon
Tamnoon specializes in managing cloud security remediation, seeking to alleviate risks in this domain with a unique combination of human intelligence and AI technology. The company has been recognized as a finalist in the RSA Conference Launch Pad 2024, highlighting its commitment to excellence. For further information about Tamnoon, visit https://tamnoon.io/.
Frequently Asked Questions
What is Tamnoon known for?
Tamnoon is recognized for its pioneering Managed Cloud Security Remediation services, combining human oversight with AI technology.
Who led the recent funding round for Tamnoon?
The funding was primarily led by Bright Pixel Capital, along with participation from several other investors.
What challenges does Tamnoon address in cloud security?
Tamnoon tackles the complexities of cloud security management, particularly focusing on misconfigurations and the need for effective real-time remediation.
How quickly can Tamnoon reduce threat exposure?
Customers report a remarkable 90% reduction in critical cloud threat exposures within the first 90 days of service.
What future plans does Tamnoon have following this funding?
Tamnoon plans to accelerate its product development and expand its partnership ecosystem to enhance its managed cloud security offerings.
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