DivvyCloud Raises $19 Million USD to Automate Cloud Security and Compliance

ARLINGTON, VA -- DivvyCloud, a leading provider of security and compliance automation for public cloud and container infrastructure, today announced a $19 Million USD growth round, bringing its total capital raised to date to $29 million. This round was led by Providence Strategic Growth with follow-on investments from existing investors MissionOG and RTP Ventures. The added investment allows DivvyCloud to make specific technological advancements to its cloud security and compliance solution, as well as expand sales and marketing efforts and customer success programs to meet rapidly increasing demand. “In a quickly maturing market, DivvyCloud has demonstrated a unique value proposition for enterprises leveraging the public cloud,” said John R. Marquis, Principal, Providence Strategic Growth. “Most enterprise companies are implementing a multi-cloud strategy and require a platform that allows them to fully embrace self-service access without losing control,” said Brian J. Shin, Managing Director, Providence Strategic Growth. “In the cloud era, security cannot be an impediment to innovation. Importantly, DivvyCloud delivers a strategy for companies to have their cake and eat it too - unrestricted access to cloud services for developers to drive innovation and a robust approach to improving security and compliance. The impact of DivvyCloud’s best-in-class software platform has been proven by impressive customer adoption and retention.” DivvyCloud was founded in 2013 with a vision of empowering enterprises to give developers the freedom to innovate through self-service access to cloud services while at the same time enhance security and…