Swimlane is a technology company.
Swimlane has raised $133.0M across 3 funding rounds.
Swimlane has raised $133.0M in total across 3 funding rounds.
Swimlane is a cybersecurity technology company specializing in cloud-scale, low-code security automation through its flagship platform, Swimlane Turbine, which unifies security operations across and beyond the SOC (Security Operations Center).[1][2][6] It serves Fortune 500 companies, US Federal Government, MSSPs (Managed Security Service Providers), and organizations in all industries, solving critical challenges like alert fatigue, staffing shortages, process/data fatigue, and the need for scalable automation amid rising cyber threats—achieving up to 70% automation levels for customers like Lumen and protecting nearly $1 trillion annually among its top 25 clients.[1][3][6] With strong growth momentum, including 123% new ARR growth in a recent year, 107% YoY Turbine adoption, and recognition as a top-rated platform on Gartner Peer Insights, Swimlane executes up to 25 million daily actions per customer—17x faster than traditional SOAR or hyperautomation alternatives.[2][5][6]
Founded in 2015, Swimlane pioneered the first cloud-based, low-code security automation platform, addressing the shift from "nice to have" to essential for tackling escalating cyber attacks and security professional shortages.[3][6] Co-founder and CEO Cody Cornell leads the company, backed by a world-class leadership team driving its evolution from low-code SOAR roots to agentic AI hyperautomation with Turbine's launch, which expanded beyond traditional SOC limits.[6][9] Key pivotal moments include a $70 million growth round for global expansion, 700% revenue growth in under four years, ranking among the top 25 fastest-growing cybersecurity firms on the 2022 Deloitte Technology Fast 500, and recent additions like 14 new Fortune 500 customers, 173% APJ growth, and integrations for IT/OT compliance.[6][7]
Swimlane stands out in security automation with these key strengths:
Swimlane rides the AI-driven hyperautomation wave in cybersecurity, where traditional SOAR/SIEM/XDR tools falter under data explosion, talent shortages, and dynamic threats—timing perfectly with AI's rise for adaptive decision-making and precision automation.[2][5][6] Market forces like surging attacks, compliance demands, and ROI pressure favor its ecosystem-agnostic approach, enabling 107% YoY adoption and global expansion (e.g., EMEA via NTT DATA, APJ growth).[6] It influences the ecosystem by transforming SecOps into "systems of action," standardizing logic across tools, prioritizing risks intelligently, and proving automation's necessity for Fortune 500-scale operations, while fostering industry solutions via Marketplace and integrations like Nozomi for OT security.[4][6][8]
Swimlane is poised to dominate as the pure-play leader in agentic AI security automation, with Turbine's innovations driving further enterprise wins and global scale amid 123% ARR growth. Trends like AI-augmented threat hunting, zero-trust expansion, and regulatory scrutiny will amplify demand for its speed, integrations, and ROI visibility, potentially evolving it into the de facto system for all security functions. Expect accelerated vulnerability response, compliance automation, and MSSP customization to cement its edge, building on its trailblazing path from 2015 low-code pioneer to hyperautomation powerhouse.[2][5][6]
Swimlane has raised $133.0M in total across 3 funding rounds.
Swimlane's investors include Element Partners, Energize Ventures, Energy Impact Partners, Galvanize Climate Solutions, National Grid Partners, Prelude Ventures, Zetta Venture Partners.
Swimlane has raised $133.0M across 3 funding rounds. Most recently, it raised $70.0M Series C in July 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2022 | $70.0M Series C | Element Partners, Energize Ventures, Energy Impact Partners, Galvanize Climate Solutions, National Grid Partners, Prelude Ventures, Zetta Venture Partners | |
| Jan 1, 2021 | $40.0M Venture Round | Energize Ventures, Energy Impact Partners, National Grid Partners, Zetta Venture Partners | |
| May 1, 2019 | $23.0M Series B | Energize Ventures, Energy Impact Partners, National Grid Partners, Zetta Venture Partners |