Latest news with #SwimlaneTurbine
Techday NZ
12-06-2025
- Business
- Techday NZ
Swimlane secures USD $45m funding to drive AI automation growth
Swimlane has secured USD $45 million in growth funding led by Energy Impact Partners and Activate Capital, with participation from Trinity Capital. The company stated that the new investment will be used to accelerate product innovation and grow its global channel ecosystem, as Swimlane moves closer to achieving profitability in the third quarter of 2025. The firm attributes its positive outlook to sustained revenue growth, improved operating efficiency, and disciplined cost management. Financial progress Since its last funding round, Swimlane has reported growth of over 110%, expanding its client base to include more than 50 Global 1000 companies, 26 U.S. federal agencies, and five of the world's largest systems integrators. Currently, 75% of its business is conducted through channel partners, reflecting increasing engagement with managed security service providers (MSSPs), value-added distributors and resellers, and global integrators. Chief Executive Officer James Brear commented, "Swimlane is achieving what no other stand-alone AI automation security company can, providing extensible, enterprise-grade AI automation with a business model that can turn a profit. We have redefined what's possible in security operations by combining agentic AI with unmatched experience in highly scalable automation use cases that help customers solve real problems both in and outside the SOC." Focus on agentic AI Swimlane has emphasised its commitment to advancing agentic AI as part of its security operations strategy. The company's AI tool, Hero, is described as the first private, agentic AI security operations companion fully integrated into the Swimlane Turbine platform. According to the company, Swimlane's solution is capable of automating more than 25 million daily actions per customer, which it states is 17 times faster than other SOAR or security hyperautomation products. Ryan Thompson, Managing Director, Tech Lending at Trinity Capital, said: "Swimlane's agentic AI platform is redefining security automation at a time when organizations need smarter, more scalable solutions. We're proud to support the Swimlane team as they help shape the future of cybersecurity." David Lincoln, Co-Founder and Managing Partner at Activate Capital, said: "Cybersecurity is drowning in complexity with too much data, too many tools and not enough integration. Swimlane cuts through the chaos with an AI automation platform that brings control to every corner of the security organization, transforming fragmentation into high-ROI outcomes. That's exactly the kind of shift the market is hungry for." Sameer Reddy, Managing Partner at Energy Impact Partners, added: "Swimlane stands out by delivering what the market desperately needs: scalable, intelligent automation that goes beyond the hype and actually works. The company's unique approach to agentic AI and hyperautomation addresses a massive gap in modern security operations and is defining the future of how organizations will protect themselves." Industry validation The company outlined a series of recent milestones that it says reinforce its market position. Among these, Swimlane is one of the first 30 companies globally to be issued the ISO42001 certification for AI. It was also ranked No. 45 on Inc.'s fifth annual Rocky Mountain list of fastest-growing private companies and named a Top 5 AI Automation for SecOps vendor by TAG Cyber. Additional recognitions include Most Valuable Pioneer in the 2025 QKS AI Maturity Matrix, and being named both a leader for technology excellence and the "Ace Performer" in the 2025 QKS Group SPARK Matrix for Security Orchestration, Automation, and Response (SOAR). Swimlane reports that it plans to use part of the new funding to further its work in responsible AI innovation and expand the use of automation in security, compliance, and IT/OT operations among its enterprise and MSSP customers. Follow us on: Share on:
Business Wire
27-04-2025
- Business
- Business Wire
Swimlane Ranks ‘Most Valuable Pioneer' in SecOps AI
SAN FRANCISCO--(BUSINESS WIRE)-- Swimlane, AI hyperautomation for the entire security organization, today announced it has been named the 'Most Valuable Pioneer' in AI maturity by QKS Group. In the 2025 QKS AI Maturity Matrix™, Swimlane ranks ahead of seven other vendors for its AI-first productization, advanced vision and agentic AI roadmap. Swimlane is ranked ahead of Palo Alto Networks, Cisco, D3, Tines, Fortinet, Torq and Anomali. 'Swimlane is leading the shift toward a new AI-led model for security operations,' said James Brear, CEO of Swimlane. 'Hero brings the power of agentic AI into the hands of today's defenders, turning complex processes into intelligent, streamlined actions. This is about more than automation. It's about creating AI that truly understands and accelerates the way security teams work.' Hero: The ultimate SecOps companion According to Venkatesh Kopparthi, Analyst at QKS Group, 'Swimlane Turbine enhances SecOps with Hero, an agentic AI companion designed to streamline security operations.' Kopparthi added, 'With features like real-time decision support, AI-driven case summarization, recommended actions, and automated reporting, Hero helps security teams improve efficiency, accuracy, and response times.' Swimlane Turbine and Hero AI take the lead With the industry's first private agentic AI companion for security operations, Swimlane is redefining what's possible, transforming security teams into forces of intelligence, speed and efficiency. This recognition validates Swimlane Turbine as the most robust and widely adopted AI automation platform. Powered by Hero AI, low-code automation and a cloud-native architecture, Turbine delivers the flexibility and scalability needed to automate anything — from SOC workflows to vulnerability management, compliance and beyond. Swimlane was also recently named the leader in technology excellence and the first-ever 'Ace Performer' in the 2025 QKS Group SPARK Matrix™ for Security Automation. Of the 20 vendors evaluated, Swimlane was recognized for its ability to effectively combine agentic AI, generative AI and low-code automation to address critical security operational challenges. Additional Resources: Visit the Swimlane team at this year's RSA Conference April 28-May 1 at the San Francisco Moscone Center Booth #S-2157 To learn more about Swimlane Turbine, visit To request a demo, visit About Swimlane At Swimlane, we believe the convergence of agentic AI and automation can solve the most challenging security, compliance and IT/OT operations problems. With Swimlane, enterprises and MSSPs benefit from the world's first and only hyperautomation platform for every security function. Only Swimlane gives you the scale and flexibility to build your own hyperautomation applications to unify security teams, tools and telemetry ensuring today's SecOps are always a step ahead of tomorrow's threats. Learn more:
Associated Press
29-01-2025
- Business
- Associated Press
Swimlane Pioneers Industry's Most Intelligent Vulnerability Response Solution for Smarter Risk Prioritization and Management
Swimlane, AI hyperautomation for the entire security organization, today announced the industry's most capable Vulnerability Response Management (VRM) Solution that extends beyond siloed vulnerability management by offering risk-based prioritization, exploit intelligence and recommended remediation workflows. Swimlane AI automation solutions combine the power of AI with human expertise, enabling faster, more accurate decision-making and empowering security teams to act confidently. This press release features multimedia. View the full release here: (Graphic: Business Wire) VRM is designed to help enterprise and MSSP security teams proactively reduce risk, prevent breaches and ensure continuous compliance. With an overwhelming volume to manage, 68% of organizations leave critical vulnerabilities unresolved for over 24 hours. Despite this shortcoming, over half (55%) of organizations lack a comprehensive system for vulnerability prioritization, contributing to the complexity, communication and compliance challenges presented in the research. This reactive approach exposes organizations to breaches, compliance failures and costly penalties. 'It's not just about patching vulnerabilities—it's about prioritizing the ones that matter most in preventing business impacts and acting decisively to give security teams the confidence to stay one step ahead of threats,' said Shawn McBurnie, Head of IT/OT Security Compliance at Northland Power. 'Swimlane has transformed how we handle patching and vulnerability remediation, and we look forward to leveraging the automation and intelligence built into Swimlane's offerings to streamline our process even further, eliminating the struggles we once faced in pushing out critical updates.' Swimlane Turbine combines the power of AI and human intelligence into an out-of-the-box VRM solution. This solution centralizes intelligence-driven and customer-customizable insights from multiple vulnerability scanners, enabling organization-wide visibility, smart prioritization and cross-functional collaboration through a single management console. VRM leverages Swimlane Intelligence, the industry's most robust, transparent and customizable intelligence layer. This offers a uniquely comprehensive view of vulnerabilities that ensures security teams can effectively address the highest-risk vulnerabilities first through a risk-based prioritization score. Not Just Another Scanner: Swimlane VRM Closes the Loop on Vulnerability Management Swimlane VRM is the perfect complement to vulnerability scanners that offer partial visibility into vulnerability findings, but due to their vendor-ecosystem-specific focus, fail to provide a clear view of company-wide risk and impact. With built-in organization-specific intelligence and vulnerability intelligence data sets, VRM serves as the single source of truth for vulnerability management. Customers will benefit from standout capabilities, including: Swimlane Intelligence: VRM picks up where vulnerability scanners stop, using AI and automation to enrich findings with Swimlane Intelligence, such as known exploits, temporal Common Vulnerability Scoring System (CVSS) scores, remediation information, with over 30 out-of-the-box enrichment and customizable sources. Risk Profile: The Risk Profile dashboard combines two critical views that provide a real-time view of vulnerability information: Risk Score and Prioritization Rank. The Risk Score consolidates data from CVSS, exploit scores, and asset criticality into a personalized and easy-to-understand view of organization-wide vulnerabilities. The VRM Prioritization Rank uses Swimlane Intelligence to automatically assess risk and prioritize responses, factoring in exceptions to reduce unnecessary alerts. Hero AI: Directly integrated into VRM, security teams can ask Hero questions like 'What CVEs are not patched on this system?' Multi-Scanner Integration: Powered by Turbine's infinite integration capabilities, VRM connects to multiple vulnerability scanners, consolidating and normalizing findings from leading vendors like Rapid7, Tenable and Lacework, into a single, comprehensive view. Vulnerability Case Management: VRM's case management application is designed to improve coordination and communication between security and operations teams. By integrating with leading IT Service Management vendors like ServiceNow, Jira, and collaboration tools like Microsoft Teams, Slack and email, tracking vulnerabilities and ensuring coordinated remediation is easier than ever. Asset Inventory: VRM provides a system of record for all assets that have findings in an organization, centralizing data from all connected vulnerability scanners for seamless management. 'For years, Swimlane customers have used our platform to solve some of the toughest challenges in security — whether it's reducing risk, ensuring compliance, or streamlining operations,' said Cody Cornell, Co-Founder and Chief Strategy Officer of Swimlane. 'With the launch of VRM, we're taking everything we've learned from these real-world use cases and making it available out of the box for every organization. This isn't just a product launch — it's another step in our mission to deliver comprehensive, end-to-end solutions that evolve alongside our customers.' About Swimlane At Swimlane, we believe the convergence of agentic AI and automation can solve the most challenging security, compliance and IT/OT operations problems. With Swimlane, enterprises and MSSPs benefit from the world's first and only hyperautomation platform for every security function. Only Swimlane gives you the scale and flexibility to build your own hyperautomation applications to unify security teams, tools and telemetry ensuring today's SecOps are always a step ahead of tomorrow's threats. Allison Knight 806-570-9819 SOURCE: Swimlane Copyright Business Wire 2025. PUB: 01/29/2025 09:00 AM/DISC: 01/29/2025 09:01 AM
