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§ Private Profile · 30 Knightsbridge Rd, Piscataway, New Jersey, 08854, United States
Paladin Cloud is a technology company.
Paladin Cloud provides an open-source, AI-powered prioritization engine for cloud security. The platform unifies vulnerability management across multi-cloud environments, utilizing AI-driven risk scoring to correlate findings from various security tools and map them to business applications. This enables organizations to efficiently identify, prioritize, and remediate critical security risks.
Co-founded by Daniel Deeney and Steve Hull, Paladin Cloud publicly launched in July 2022. Hull, the original creator of the open-source security tool PacBot, recognized a crucial need for better cloud vulnerability prioritization. Their insight led to an extensible, open-source "security-as-code" platform to systematically eliminate cloud misconfigurations.
The platform serves security and development teams, reducing alert fatigue and focusing efforts on impactful threats. Paladin Cloud's vision is to empower these teams with context for effective risk management. It champions a community-driven, open-source approach to cloud security, helping businesses proactively secure their dynamic cloud infrastructures.
Paladin Cloud has raised $3.0M across 1 funding round.
Paladin Cloud has raised $3.0M in total across 1 funding round.
Paladin Cloud is an open-source, AI-powered cloud security platform that enables developers and security teams to identify, correlate, prioritize, and remediate risks across multi-cloud environments.[1][2][4] It builds a Security-as-Code solution with hundreds of best-practice policies, a modern UI, and generative AI for contextualizing findings from existing tools, reducing noise and focusing on critical vulnerabilities.[2][3][4] Serving the cloud computing industry, it solves the problem of overwhelming security alerts by providing visualization, risk scoring, SLA management, automated workflows, and one-click fixes.[1][4][6] Founded in 2021 (with some sources citing 2022), the seed-stage company has raised $3.55M, employs 11-50 people, and shows early revenue traction estimated at $0.50M.[1][3][5]
Paladin Cloud emerged from the open-source world, co-founded by the original creator and developer of PacBot, a popular security monitoring tool for cloud environments.[4] Launched around 2021-2022 in New Jersey (headquartered in Piscataway or Califon), it quickly secured $3.3M in seed funding led by Okapi Venture Capital in July 2022, followed by a $250K round about a year later, totaling $3.55M.[1][5] Early recognition came via the 2022 Red Herring Top 100 Global award, highlighting its innovation in open-source cloud security.[5] This pivot from PacBot built on proven developer traction, evolving into a full platform amid rising multi-cloud complexity.[2][4]
Competitors like Orca Security, Snyk, and Suridata offer cloud scanning but lack Paladin's open-source extensibility and AI correlation focus.[1]
Paladin Cloud rides the cloud-native security trend, where DevSecOps demands shift-left security amid exploding multi-cloud adoption and AI-driven threats.[1][2][4] Timing aligns with post-2022 surges in generative AI for security (e.g., Datadog, Fortanix releases) and regulations like quantum-readiness, making prioritization critical as breaches cost millions.[1] Market forces favor it: open-source lowers barriers in a $10B+ CSPM space, while hyperscalers like AWS showcase it for DevOps efficacy.[4][6] It influences the ecosystem by fostering community contributions, empowering developers over siloed security teams, and bridging tools via AI—accelerating secure cloud-native journeys.[2][3]
Paladin Cloud's momentum—AI engine launches, funding, awards—positions it for Series A expansion, potentially scaling enterprise adoption via open-source virality.[1][4][5] Trends like AI-orchestrated security, post-quantum prep, and zero-trust multi-cloud will propel it, especially as breaches evolve.[1] Influence may grow through deeper integrations, larger community, and partnerships, evolving from PacBot successor to category leader in prioritized Security-as-Code—securing the cloud-native future one prioritized risk at a time.[2][4]
Paladin Cloud has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Seed in July 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 1, 2022 | $3M Seed | Bowery Capital, Marc Averitt | Andreessen Horowitz, Balderton Capital, Buckley Ventures, Canvas Ventures, DCM, Electric Capital, Footwork, General Catalyst, Goat Capital, Human Capital, Kindred Ventures, Kleiner Perkins, Pioneer Fund, Presence Capital, Quiet Capital, GIL Penchina, South Park Commons, The General Partnership, UpHonest Capital, VitalStage Ventures, Adrian Aoun, Charlie Songhurst, Chris Fanini, Desmond LIM, Dharmesh Shah, Emmett Shear, Immad Akhund, Karim Atiyeh, Kevin LIN, Kyle Vogt, Manish Shah, Matt Brezina, Michał Borkowski, Mikhail Seregine, Paul McKellar, Rene Reinsberg, SAM Altman, Samvit Ramadurgam, Sohail Prasad, Tikhon Bernstam, Tirto Adji, Travis Vanderzanden, Wayne Chang, SaaS Ventures, Samsung Next, ROB ROY, Touchdown Ventures, UST Global | Announced |
Paladin Cloud has raised $3.0M in total across 1 funding round.
Paladin Cloud's investors include Bowery Capital, Marc Averitt, Andreessen Horowitz, Balderton Capital, Buckley Ventures, Canvas Ventures, DCM, Electric Capital, Footwork, General Catalyst, Goat Capital, Human Capital.