– CANADA, Vancouver – D3 Security, the leader in next-generation security orchestration, automation, and response, today announced it had received a growth equity investment of $10 million from Vistara Growth, a provider of flexible growth capital solutions to technology companies across North America.
Concurrent with the financing, Vistara Growth Founder John O’Donoghue and Vistara Growth Managing Partner Randy Garg will join the board of directors.
The USD 10M will be augmented by a $5M credit facility from a major financial institution, raising the total funding to $15M.
D3’s cutting-edge SOAR platform helps many of the world’s most sophisticated security teams integrate their security tools, eliminate time-consuming tasks via automation, and orchestrate lightning-fast responses to threats. The investment from Vistara will enable D3 to continue to innovate through product development, scale to support its rapidly growing base of clients and partners, and greatly expand sales and marketing efforts to capture the global demand for SOAR.
“We’ve always been confident that we have the most powerful, agile, and easy-to-use SOAR platform on the market,” said Gordon Benoit, D3 Security President. “This investment from Vistara will supercharge our ability to reach the thousands of enterprises, MSSPs, and MDR providers around the world who need a solution like ours.”
“We believe that as the benefits of SOAR gain wider recognition with increasingly security-conscious enterprises, the market is growing fast and D3’s platform is at the forefront,” said John O’Donoghue, Vistara Growth Investment Director. “They are an ambitious technology company with a world-class product, and we look forward to supporting them as they reach their full potential.”
About D3 Security
D3 Security’s XGEN SOAR platform is the only SOAR platform that combines automation and orchestration across 360+ integrated tools with the proactive response capabilities of MITRE ATT&CK. D3’s codeless playbooks automate enrichment and remediation tasks while making it easy for anyone to build, modify, and scale workflows for security operations, incident response, and threat hunting.
For more information: https://d3security.com/
About Vistara Growth
Vistara Growth provides highly flexible growth debt and equity solutions to leading technology companies across North America. Founded, managed, and funded by seasoned technology finance and operating executives, “Vistara” is focused on enabling growth for the ambitious entrepreneurs we invest in, our investors, our people, and the communities we operate in.
For more information: https://vistaragrowth.com/
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