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Snowflake Invests in Anvilogic to Redefine SIEM for Enterprises with Multi-Data Platform Flexibility and Gen AI. Learn More MyMeta Logo Product Multi-Data Platform SIEM How It Works See how Anvilogic works Integrations Integrate with existing tools Features Custom Detection Builder Build detections for SIEM and data lakes Threat Detection Library Thousands of curated rules and scenarios Multi-Cloud Threat Detection Out-of-the-box cloud-native threat coverage Monte Copilot An AI assistant for everyone in your SOC Detection Coverage Maturity Track MITRE coverage and data feed quality Supported Data Platforms Splunk Augment Splunk with a security data lake Snowflake Adopt a data lake alongside your SIEM Solutions Threat Detection Use Cases S3 Ransomware Multi-Cloud data breach monitoring IAM Account Takeover Session hijacking via trusted third party Ransomware via RDP Attack Server ransomware attack via Microsoft RDP Compromised Cloud Admin Cloud-conscious control plane threat detection Exploiting a Public Facing App Breached asset C2 communication Learn Join your peers to knowledge share, deep-dive on technical best practices, and engage in discussions relevant to the detection engineering community. Get the latest insights, articles, videos, and resources from Omer Singer, VP of Strategy at Anvilogic. Resource Library Access solution briefs and helpful content Threat Research Stay updated on the latest trending threats Events & Webinars Learn from experts and customers Cost Savings Calculator Determine your cost savings Blog Get the latest updates from Anvilogic Demos See Anvilogic in action Release Notes Read the latest product updates CustomersLove Company About Us Break free from SIEM lock-in with Anvilogic Partners Become a partner News & Press Anvilogic in the news Careers Join our team Log InBook a Demo Skip to main content BLOG UPCOMING WEBINAR ON-DEMAND WEBINAR ON-DEMAND WEBINAR BLOG 2024-04-17 ANVILOGIC CLOSES $45M SERIES C TO ENABLE SECURITY DATA LAKES IN THE SOC WITH ITS MULTI-DATA PLATFORM SIEM ANVILOGIC CLOSES $45M SERIES C TO ENABLE SECURITY DATA LAKES IN THE SOC WITH ITS MULTI-DATA PLATFORM SIEM News + Press Share: GROWTH ROUND TO SUPPORT GENERATIVE AI USE CASE EXPANSION ACROSS THE SECURITY OPERATIONS CENTER (SOC) LIFECYCLE FURTHER ENABLING TEAMS TO DETECT, HUNT, AND INVESTIGATE THREATS ACROSS THE DATA PLATFORMS THEY CHOOSE Palo Alto, CA – April 17, 2024 – Anvilogic, the industry’s first multi-data platform SIEM, today announced the close of a $45 million Series C funding round, bringing its total funding to date to $85 million since its founding in 2019. The round was led by Evolution Equity Partners, with participation from existing investors Foundation Capital, Cervin, Myriad, Point72, Outpost and G Squared. Capitalizing on its strong market traction, Anvilogic will use the funding to expand its generative AI features for additional use cases across the entire Security Operations Center (SOC) lifecycle and scale up its go-to-market efforts. “Anvilogic’s solution helps security teams reduce risk while cutting SIEM costs. Its innovative multi-data platform approach is a game changer for SOCs that want to adopt a modern security analytics platform that scales across diverse data lakes and without having to rip-and-replace their monolithic SIEM,” said Karthik Subramanian, General Partner, Evolution Equity Partners. “The team, technology, continued explosion of data, particularly from the adoption of AI, and the significant value delivered to customers made it an easy decision for us to invest. We’re excited to support the journey and unique vision.” Often, only half of security-relevant data gets sent to a traditional SIEM due to the high cost. Data that does not get sent to the SIEM is unavailable for threat detection, which causes risk to the business. This leaves security operations teams struggling to detect high-risk threats in their environment while simultaneously managing spiraling SIEM licensing costs. As enterprises shift more workloads to the cloud, where infrastructure requires massive scalability and data storage, this compounds the issue. Further, the rapid adoption of cloud apps and services makes cloud threat detection a challenge for legacy SIEMs, who often lack the ability to correlate detections across multi-cloud and on-prem environments. Adopting a more scalable data lake, like Snowflake, is up to 80% more cost-effective and could address these challenges. However, ripping and replacing the organization’s longtime SIEM is unrealistic for many security teams. Quadrupling its growth since its Series B in 2022 by helping dozens of customers break the SIEM lock-in that drives detection gaps and high costs for enterprise SOCs, Anvilogic decouples security analytics from logging platforms. This allows detection engineers and threat hunters to keep using their existing SIEM while seamlessly adopting a scalable and cost-effective data lake for high-volume data sources and advanced analytics use cases. By eliminating the need for rip-and-replace, Anvilogic allows security leaders to confidently join the rest of the enterprise on the modern data stack, saving millions without disrupting existing processes. “We're in an era where data is the new oil. We're generating it at an unprecedented rate, and, consequently, the cost pressure on our Security Information and Event Management (SIEM) systems is increasing exponentially,” said Roland Costea, CISO, Enterprise Cloud Services at SAP. “This is the dawn of a new SIEM era where cost-effective, scalable data lakes are the nerve centers of our security architecture. An era where we run security analytics on top of our data where it resides. Anvilogic has been instrumental in automating our security operations and providing this multi-data platform SIEM experience for our analysts.” Building on its predictive AI capabilities, Anvilogic released the industry’s first detection engineering copilot in March 2023, leveraging generative AI to address a wide variety of detection and investigation use cases across security data lakes. The goal was to enable enterprise SOC teams to make a smooth transition into data lake adoption with the help of use cases like log source classifiers and recommendations for detection, as well as query code generation. Today, Anvilogic is announcing the second generation of its copilot, Monte Copilot, which is now available for beta. Monte Copilot extends these capabilities to threat hunting and alert investigation to help accelerate analysts’ workflows. Anvilogic’s unique approach to addressing these use cases takes full advantage of the model training and inferencing capabilities provided by modern data lakes such as Snowflake, combined with our content-rich detection armory and domain-specific data models. “The interest from SOC teams in adopting a data lake strategy to control their legacy SIEM costs continues to grow. Next-generation SIEMs on the market today force a rip-and-replace of the customer’s existing SIEM investment, which is a non-starter for most security teams. As enterprises look for new ways to cut costs while closing detection gaps across hybrid and multi-cloud environments, we can help them modernize their security operations for a growing number of data platforms and use cases,” said Karthik Kannan, CEO and founder of Anvilogic. “To raise this growth round at this moment in time is a validation of our multi-data platform approach and success in the enterprise market. We look forward to further streamlining operations for the SOC as we continue building out additional generative AI capabilities.” Anvilogic was founded by Karthik Kannan, serial entrepreneur and former head of Splunk’s Security Analytics business, and Deb Banerjee, former VP and Chief Architect at Proofpoint and Symantec. Anvilogic has dozens of enterprise customers, a third of which are Fortune 500s. Security operations teams at banks, airlines, and large tech companies use Anvilogic’s modular detection engine, thousands of curated threat scenarios, and SOC copilot to improve detection coverage and save millions of dollars. ABOUT ANVILOGIC Anvilogic breaks the SIEM lock-in that drives detection gaps and high costs for enterprise SOCs. It enables detection engineers and threat hunters to keep using their existing SIEM while seamlessly adopting a scalable and cost-effective data lake for high-volume data sources and advanced analytics use cases. By eliminating the need for rip-and-replace, Anvilogic allows security leaders to confidently join the rest of the enterprise on the modern data stack without disrupting existing processes. Security operations teams at banks, airlines, and large tech companies use Anvilogic’s modular detection engine, thousands of curated threat scenarios, and AI security copilot to detect threats at scale and save millions of dollars. Learn more at www.anvilogic.com and follow us on LinkedIn. ABOUT EVOLUTION EQUITY PARTNERS Evolution Equity Partners, based in New York City, Palo Alto, London and Zurich, makes investments in rapidly growing cybersecurity software companies that safeguard our digital world. The firm was founded by investor and technology entrepreneurs Richard Seewald and Dennis Smith, who manage and lead the firm and its partners have been involved as founders, investors and as senior operating executives in leading software companies around the world. Evolution currently has over $2 billion of assets under management in a growing portfolio of market leading companies. Learn more at www.evolutionequity.com and follow us at LinkedIn and Twitter. MEDIA INQUIRIES Chas Larios chas.larios@anvilogic.com CHAT WITH OUR TEAM TO RECEIVE A FREE MATURITY ASSESSMENT Get in Touch YOU MAY ALSO LIKE SNOWFLAKE INVESTS IN ANVILOGIC TO REDEFINE SIEM FOR ENTERPRISES WITH MULTI-DATA PLATFORM FLEXIBILITY AND GEN AI AT 80% COST SAVINGS 05 - 21 - 2024 ANVILOGIC FOUNDERS' STORY: Q&A WITH KARTHIK AND DEB 04 - 24 - 2024 READY TO LEARN MORE ABOUT ANVILOGIC? Kickstart your security operations Contact SalesRequest Demo > Anvilogic provided the necessary threat detection automation for our small > SOC, adding a significant force-multiplier advantage for my team. Lucas Moody CISO, formerly Twitter Contact SalesRequest Demo MyMeta Logo Break Free from SIEM Lock-in Get the latest news, blog posts and threat reports Thank you! Your submission has been received! Oops! Something went wrong while submitting the form. By submitting this form, you agree to our Terms of Use and acknowledge our Privacy Statement. Product PlatformIntegrations Learn BlogResourcesThreat ResearchDetection DispatchWebinarsCustomersSolution GuidesWhite PapersData Sheets Customer Resources Log InRelease NotesKnowledge Base Company About UsCareersContact Us Facebook Twitter Linkedin © 2024 Anvilogic. All Rights Reserved. We use cookies to improve your experience, see our privacy policy. Accept & Close Snowflake Invests in Anvilogic to Redefine SIEM for Enterprises with Multi-Data Platform Flexibility and Gen AI. Learn More MyMeta Logo Product Multi-Data Platform SIEM How It Works See how Anvilogic works Integrations Integrate with existing tools Features Custom Detection Builder Build detections for SIEM and data lakes Threat Detection Library Thousands of curated rules and scenarios Multi-Cloud Threat Detection Out-of-the-box cloud-native threat coverage Monte Copilot An AI assistant for everyone in your SOC Detection Coverage Maturity Track MITRE coverage and data feed quality Supported Data Platforms Splunk Augment Splunk with a security data lake Snowflake Adopt a data lake alongside your SIEM Solutions Threat Detection Use Cases S3 Ransomware Multi-Cloud data breach monitoring IAM Account Takeover Session hijacking via trusted third party Ransomware via RDP Attack Server ransomware attack via Microsoft RDP Compromised Cloud Admin Cloud-conscious control plane threat detection Exploiting a Public Facing App Breached asset C2 communication Learn Join your peers to knowledge share, deep-dive on technical best practices, and engage in discussions relevant to the detection engineering community. Get the latest insights, articles, videos, and resources from Omer Singer, VP of Strategy at Anvilogic. Resource Library Access solution briefs and helpful content Threat Research Stay updated on the latest trending threats Events & Webinars Learn from experts and customers Cost Savings Calculator Determine your cost savings Blog Get the latest updates from Anvilogic Demos See Anvilogic in action Release Notes Read the latest product updates CustomersLove Company About Us Break free from SIEM lock-in with Anvilogic Partners Become a partner News & Press Anvilogic in the news Careers Join our team Log InBook a Demo Skip to main content On-Demand Webinar ANVILOGIC CLOSES $45M SERIES C TO ENABLE SECURITY DATA LAKES IN THE SOC WITH ITS MULTI-DATA PLATFORM SIEM News + Press Share: Twitter Linkedin On-Demand Webinar ANVILOGIC CLOSES $45M SERIES C TO ENABLE SECURITY DATA LAKES IN THE SOC WITH ITS MULTI-DATA PLATFORM SIEM Detection Strategies Share: Twitter Linkedin GROWTH ROUND TO SUPPORT GENERATIVE AI USE CASE EXPANSION ACROSS THE SECURITY OPERATIONS CENTER (SOC) LIFECYCLE FURTHER ENABLING TEAMS TO DETECT, HUNT, AND INVESTIGATE THREATS ACROSS THE DATA PLATFORMS THEY CHOOSE Palo Alto, CA – April 17, 2024 – Anvilogic, the industry’s first multi-data platform SIEM, today announced the close of a $45 million Series C funding round, bringing its total funding to date to $85 million since its founding in 2019. The round was led by Evolution Equity Partners, with participation from existing investors Foundation Capital, Cervin, Myriad, Point72, Outpost and G Squared. Capitalizing on its strong market traction, Anvilogic will use the funding to expand its generative AI features for additional use cases across the entire Security Operations Center (SOC) lifecycle and scale up its go-to-market efforts. “Anvilogic’s solution helps security teams reduce risk while cutting SIEM costs. Its innovative multi-data platform approach is a game changer for SOCs that want to adopt a modern security analytics platform that scales across diverse data lakes and without having to rip-and-replace their monolithic SIEM,” said Karthik Subramanian, General Partner, Evolution Equity Partners. “The team, technology, continued explosion of data, particularly from the adoption of AI, and the significant value delivered to customers made it an easy decision for us to invest. We’re excited to support the journey and unique vision.” Often, only half of security-relevant data gets sent to a traditional SIEM due to the high cost. Data that does not get sent to the SIEM is unavailable for threat detection, which causes risk to the business. This leaves security operations teams struggling to detect high-risk threats in their environment while simultaneously managing spiraling SIEM licensing costs. As enterprises shift more workloads to the cloud, where infrastructure requires massive scalability and data storage, this compounds the issue. Further, the rapid adoption of cloud apps and services makes cloud threat detection a challenge for legacy SIEMs, who often lack the ability to correlate detections across multi-cloud and on-prem environments. Adopting a more scalable data lake, like Snowflake, is up to 80% more cost-effective and could address these challenges. However, ripping and replacing the organization’s longtime SIEM is unrealistic for many security teams. Quadrupling its growth since its Series B in 2022 by helping dozens of customers break the SIEM lock-in that drives detection gaps and high costs for enterprise SOCs, Anvilogic decouples security analytics from logging platforms. This allows detection engineers and threat hunters to keep using their existing SIEM while seamlessly adopting a scalable and cost-effective data lake for high-volume data sources and advanced analytics use cases. By eliminating the need for rip-and-replace, Anvilogic allows security leaders to confidently join the rest of the enterprise on the modern data stack, saving millions without disrupting existing processes. “We're in an era where data is the new oil. We're generating it at an unprecedented rate, and, consequently, the cost pressure on our Security Information and Event Management (SIEM) systems is increasing exponentially,” said Roland Costea, CISO, Enterprise Cloud Services at SAP. “This is the dawn of a new SIEM era where cost-effective, scalable data lakes are the nerve centers of our security architecture. An era where we run security analytics on top of our data where it resides. Anvilogic has been instrumental in automating our security operations and providing this multi-data platform SIEM experience for our analysts.” Building on its predictive AI capabilities, Anvilogic released the industry’s first detection engineering copilot in March 2023, leveraging generative AI to address a wide variety of detection and investigation use cases across security data lakes. The goal was to enable enterprise SOC teams to make a smooth transition into data lake adoption with the help of use cases like log source classifiers and recommendations for detection, as well as query code generation. Today, Anvilogic is announcing the second generation of its copilot, Monte Copilot, which is now available for beta. Monte Copilot extends these capabilities to threat hunting and alert investigation to help accelerate analysts’ workflows. Anvilogic’s unique approach to addressing these use cases takes full advantage of the model training and inferencing capabilities provided by modern data lakes such as Snowflake, combined with our content-rich detection armory and domain-specific data models. “The interest from SOC teams in adopting a data lake strategy to control their legacy SIEM costs continues to grow. Next-generation SIEMs on the market today force a rip-and-replace of the customer’s existing SIEM investment, which is a non-starter for most security teams. As enterprises look for new ways to cut costs while closing detection gaps across hybrid and multi-cloud environments, we can help them modernize their security operations for a growing number of data platforms and use cases,” said Karthik Kannan, CEO and founder of Anvilogic. “To raise this growth round at this moment in time is a validation of our multi-data platform approach and success in the enterprise market. We look forward to further streamlining operations for the SOC as we continue building out additional generative AI capabilities.” Anvilogic was founded by Karthik Kannan, serial entrepreneur and former head of Splunk’s Security Analytics business, and Deb Banerjee, former VP and Chief Architect at Proofpoint and Symantec. Anvilogic has dozens of enterprise customers, a third of which are Fortune 500s. Security operations teams at banks, airlines, and large tech companies use Anvilogic’s modular detection engine, thousands of curated threat scenarios, and SOC copilot to improve detection coverage and save millions of dollars. ABOUT ANVILOGIC Anvilogic breaks the SIEM lock-in that drives detection gaps and high costs for enterprise SOCs. It enables detection engineers and threat hunters to keep using their existing SIEM while seamlessly adopting a scalable and cost-effective data lake for high-volume data sources and advanced analytics use cases. By eliminating the need for rip-and-replace, Anvilogic allows security leaders to confidently join the rest of the enterprise on the modern data stack without disrupting existing processes. Security operations teams at banks, airlines, and large tech companies use Anvilogic’s modular detection engine, thousands of curated threat scenarios, and AI security copilot to detect threats at scale and save millions of dollars. Learn more at www.anvilogic.com and follow us on LinkedIn. ABOUT EVOLUTION EQUITY PARTNERS Evolution Equity Partners, based in New York City, Palo Alto, London and Zurich, makes investments in rapidly growing cybersecurity software companies that safeguard our digital world. The firm was founded by investor and technology entrepreneurs Richard Seewald and Dennis Smith, who manage and lead the firm and its partners have been involved as founders, investors and as senior operating executives in leading software companies around the world. Evolution currently has over $2 billion of assets under management in a growing portfolio of market leading companies. Learn more at www.evolutionequity.com and follow us at LinkedIn and Twitter. MEDIA INQUIRIES Chas Larios chas.larios@anvilogic.com GET THE LATEST RESOURCES Leave Your Data Where You Want: Detect Across Snowflake Demo Series Leave Your Data Where You Want: Detect Across Snowflake Watch MonteAI: Your Detection Engineering & Threat Hunting Co-Pilot Demo Series MonteAI: Your Detection Engineering & Threat Hunting Co-Pilot Watch MyMeta Logo Break Free from SIEM Lock-in Get the latest news, blog posts and threat reports Thank you! Your submission has been received! Oops! Something went wrong while submitting the form. By submitting this form, you agree to our Terms of Use and acknowledge our Privacy Statement. Product PlatformIntegrations Learn BlogResourcesThreat ResearchDetection DispatchWebinarsCustomersSolution GuidesWhite PapersData Sheets Customer Resources Log InRelease NotesKnowledge Base Company About UsCareersContact Us Facebook Twitter Linkedin © 2024 Anvilogic. All Rights Reserved. We use cookies to improve your experience, see our privacy policy. Accept & Close Snowflake Invests in Anvilogic to Redefine SIEM for Enterprises with Multi-Data Platform Flexibility and Gen AI. Learn More MyMeta Logo Product Multi-Data Platform SIEM How It Works See how Anvilogic works Integrations Integrate with existing tools Features Custom Detection Builder Build detections for SIEM and data lakes Threat Detection Library Thousands of curated rules and scenarios Multi-Cloud Threat Detection Out-of-the-box cloud-native threat coverage Monte Copilot An AI assistant for everyone in your SOC Detection Coverage Maturity Track MITRE coverage and data feed quality Supported Data Platforms Splunk Augment Splunk with a security data lake Snowflake Adopt a data lake alongside your SIEM Solutions Threat Detection Use Cases S3 Ransomware Multi-Cloud data breach monitoring IAM Account Takeover Session hijacking via trusted third party Ransomware via RDP Attack Server ransomware attack via Microsoft RDP Compromised Cloud Admin Cloud-conscious control plane threat detection Exploiting a Public Facing App Breached asset C2 communication Learn Join your peers to knowledge share, deep-dive on technical best practices, and engage in discussions relevant to the detection engineering community. Get the latest insights, articles, videos, and resources from Omer Singer, VP of Strategy at Anvilogic. Resource Library Access solution briefs and helpful content Threat Research Stay updated on the latest trending threats Events & Webinars Learn from experts and customers Cost Savings Calculator Determine your cost savings Blog Get the latest updates from Anvilogic Demos See Anvilogic in action Release Notes Read the latest product updates CustomersLove Company About Us Break free from SIEM lock-in with Anvilogic Partners Become a partner News & Press Anvilogic in the news Careers Join our team Log InBook a Demo Skip to main content White Paper ANVILOGIC CLOSES $45M SERIES C TO ENABLE SECURITY DATA LAKES IN THE SOC WITH ITS MULTI-DATA PLATFORM SIEM News + Press Share: MyMeta Logo Break Free from SIEM Lock-in Get the latest news, blog posts and threat reports Thank you! Your submission has been received! Oops! Something went wrong while submitting the form. By submitting this form, you agree to our Terms of Use and acknowledge our Privacy Statement. Product PlatformIntegrations Learn BlogResourcesThreat ResearchDetection DispatchWebinarsCustomersSolution GuidesWhite PapersData Sheets Customer Resources Log InRelease NotesKnowledge Base Company About UsCareersContact Us Facebook Twitter Linkedin © 2024 Anvilogic. All Rights Reserved. We use cookies to improve your experience, see our privacy policy. Accept & Close Click to Start the Tour Snowflake Invests in Anvilogic to Redefine SIEM for Enterprises with Multi-Data Platform Flexibility and Gen AI. Learn More MyMeta Logo Product Multi-Data Platform SIEM How It Works See how Anvilogic works Integrations Integrate with existing tools Features Custom Detection Builder Build detections for SIEM and data lakes Threat Detection Library Thousands of curated rules and scenarios Multi-Cloud Threat Detection Out-of-the-box cloud-native threat coverage Monte Copilot An AI assistant for everyone in your SOC Detection Coverage Maturity Track MITRE coverage and data feed quality Supported Data Platforms Splunk Augment Splunk with a security data lake Snowflake Adopt a data lake alongside your SIEM Solutions Threat Detection Use Cases S3 Ransomware Multi-Cloud data breach monitoring IAM Account Takeover Session hijacking via trusted third party Ransomware via RDP Attack Server ransomware attack via Microsoft RDP Compromised Cloud Admin Cloud-conscious control plane threat detection Exploiting a Public Facing App Breached asset C2 communication Learn Join your peers to knowledge share, deep-dive on technical best practices, and engage in discussions relevant to the detection engineering community. Get the latest insights, articles, videos, and resources from Omer Singer, VP of Strategy at Anvilogic. Resource Library Access solution briefs and helpful content Threat Research Stay updated on the latest trending threats Events & Webinars Learn from experts and customers Cost Savings Calculator Determine your cost savings Blog Get the latest updates from Anvilogic Demos See Anvilogic in action Release Notes Read the latest product updates CustomersLove Company About Us Break free from SIEM lock-in with Anvilogic Partners Become a partner News & Press Anvilogic in the news Careers Join our team Log InBook a Demo Skip to main content April 17, 2024 ANVILOGIC CLOSES $45M SERIES C TO ENABLE SECURITY DATA LAKES IN THE SOC WITH ITS MULTI-DATA PLATFORM SIEM News + Press GROWTH ROUND TO SUPPORT GENERATIVE AI USE CASE EXPANSION ACROSS THE SECURITY OPERATIONS CENTER (SOC) LIFECYCLE FURTHER ENABLING TEAMS TO DETECT, HUNT, AND INVESTIGATE THREATS ACROSS THE DATA PLATFORMS THEY CHOOSE Palo Alto, CA – April 17, 2024 – Anvilogic, the industry’s first multi-data platform SIEM, today announced the close of a $45 million Series C funding round, bringing its total funding to date to $85 million since its founding in 2019. The round was led by Evolution Equity Partners, with participation from existing investors Foundation Capital, Cervin, Myriad, Point72, Outpost and G Squared. Capitalizing on its strong market traction, Anvilogic will use the funding to expand its generative AI features for additional use cases across the entire Security Operations Center (SOC) lifecycle and scale up its go-to-market efforts. “Anvilogic’s solution helps security teams reduce risk while cutting SIEM costs. Its innovative multi-data platform approach is a game changer for SOCs that want to adopt a modern security analytics platform that scales across diverse data lakes and without having to rip-and-replace their monolithic SIEM,” said Karthik Subramanian, General Partner, Evolution Equity Partners. “The team, technology, continued explosion of data, particularly from the adoption of AI, and the significant value delivered to customers made it an easy decision for us to invest. We’re excited to support the journey and unique vision.” Often, only half of security-relevant data gets sent to a traditional SIEM due to the high cost. Data that does not get sent to the SIEM is unavailable for threat detection, which causes risk to the business. This leaves security operations teams struggling to detect high-risk threats in their environment while simultaneously managing spiraling SIEM licensing costs. As enterprises shift more workloads to the cloud, where infrastructure requires massive scalability and data storage, this compounds the issue. Further, the rapid adoption of cloud apps and services makes cloud threat detection a challenge for legacy SIEMs, who often lack the ability to correlate detections across multi-cloud and on-prem environments. Adopting a more scalable data lake, like Snowflake, is up to 80% more cost-effective and could address these challenges. However, ripping and replacing the organization’s longtime SIEM is unrealistic for many security teams. Quadrupling its growth since its Series B in 2022 by helping dozens of customers break the SIEM lock-in that drives detection gaps and high costs for enterprise SOCs, Anvilogic decouples security analytics from logging platforms. This allows detection engineers and threat hunters to keep using their existing SIEM while seamlessly adopting a scalable and cost-effective data lake for high-volume data sources and advanced analytics use cases. By eliminating the need for rip-and-replace, Anvilogic allows security leaders to confidently join the rest of the enterprise on the modern data stack, saving millions without disrupting existing processes. “We're in an era where data is the new oil. We're generating it at an unprecedented rate, and, consequently, the cost pressure on our Security Information and Event Management (SIEM) systems is increasing exponentially,” said Roland Costea, CISO, Enterprise Cloud Services at SAP. “This is the dawn of a new SIEM era where cost-effective, scalable data lakes are the nerve centers of our security architecture. An era where we run security analytics on top of our data where it resides. Anvilogic has been instrumental in automating our security operations and providing this multi-data platform SIEM experience for our analysts.” Building on its predictive AI capabilities, Anvilogic released the industry’s first detection engineering copilot in March 2023, leveraging generative AI to address a wide variety of detection and investigation use cases across security data lakes. The goal was to enable enterprise SOC teams to make a smooth transition into data lake adoption with the help of use cases like log source classifiers and recommendations for detection, as well as query code generation. Today, Anvilogic is announcing the second generation of its copilot, Monte Copilot, which is now available for beta. Monte Copilot extends these capabilities to threat hunting and alert investigation to help accelerate analysts’ workflows. Anvilogic’s unique approach to addressing these use cases takes full advantage of the model training and inferencing capabilities provided by modern data lakes such as Snowflake, combined with our content-rich detection armory and domain-specific data models. “The interest from SOC teams in adopting a data lake strategy to control their legacy SIEM costs continues to grow. Next-generation SIEMs on the market today force a rip-and-replace of the customer’s existing SIEM investment, which is a non-starter for most security teams. As enterprises look for new ways to cut costs while closing detection gaps across hybrid and multi-cloud environments, we can help them modernize their security operations for a growing number of data platforms and use cases,” said Karthik Kannan, CEO and founder of Anvilogic. “To raise this growth round at this moment in time is a validation of our multi-data platform approach and success in the enterprise market. We look forward to further streamlining operations for the SOC as we continue building out additional generative AI capabilities.” Anvilogic was founded by Karthik Kannan, serial entrepreneur and former head of Splunk’s Security Analytics business, and Deb Banerjee, former VP and Chief Architect at Proofpoint and Symantec. Anvilogic has dozens of enterprise customers, a third of which are Fortune 500s. Security operations teams at banks, airlines, and large tech companies use Anvilogic’s modular detection engine, thousands of curated threat scenarios, and SOC copilot to improve detection coverage and save millions of dollars. ABOUT ANVILOGIC Anvilogic breaks the SIEM lock-in that drives detection gaps and high costs for enterprise SOCs. It enables detection engineers and threat hunters to keep using their existing SIEM while seamlessly adopting a scalable and cost-effective data lake for high-volume data sources and advanced analytics use cases. By eliminating the need for rip-and-replace, Anvilogic allows security leaders to confidently join the rest of the enterprise on the modern data stack without disrupting existing processes. Security operations teams at banks, airlines, and large tech companies use Anvilogic’s modular detection engine, thousands of curated threat scenarios, and AI security copilot to detect threats at scale and save millions of dollars. Learn more at www.anvilogic.com and follow us on LinkedIn. ABOUT EVOLUTION EQUITY PARTNERS Evolution Equity Partners, based in New York City, Palo Alto, London and Zurich, makes investments in rapidly growing cybersecurity software companies that safeguard our digital world. The firm was founded by investor and technology entrepreneurs Richard Seewald and Dennis Smith, who manage and lead the firm and its partners have been involved as founders, investors and as senior operating executives in leading software companies around the world. Evolution currently has over $2 billion of assets under management in a growing portfolio of market leading companies. Learn more at www.evolutionequity.com and follow us at LinkedIn and Twitter. MEDIA INQUIRIES Chas Larios chas.larios@anvilogic.com BREAK FREE FROM SIEM LOCK-IN BREAK FREE FROM SIEM LOCK-IN Book a Demo MyMeta Logo Break Free from SIEM Lock-in Get the latest news, blog posts and threat reports Thank you! 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