New Funding Led by Peak XV Surge with Participation from Dallas Venture Capital, Dreamit Ventures, Z5 Capital and Uncorrelated Ventures will Accelerate Global Market Expansion and Product Development
SAN JOSE, Calif., Feb. 10, 2025 /PRNewswire/ — Nirmata, a leader in cloud-native security policy automation and governance solutions, today announced a $9.6 million funding round led by Peak XV Surge (formerly Sequoia Capital India & SEA), with participation from Dallas Venture Capital, Dreamit Ventures and existing investors Z5 Capital and Uncorrelated Ventures. Following unprecedented customer growth, Nirmata plans to expand its presence, scale its go-to-market and accelerate product development to serve as the de-facto hub of security automation, governance, and compliance for all applications and the underlying IT infrastructure from code to cloud.
As cloud-native and new AI-driven applications grow at over 30% CAGR, the demand for Kubernetes and container technologies only continues to rise, prompting businesses to build platform engineering teams. Often, this transformation is hindered by legacy security solutions, compliance requirements, and the increasing complexity and cost of cloud environments. Additionally, the proliferation of AI-generated code is transforming software development by automating tasks and generating complex code, but comes at the expense of creating security challenges across cloud applications and infrastructure as code.
Nirmata’s Policy-as-Code solutions such as Nirmata Control Hub empower customers to automate security across complex cloud environments and enable security and platform teams to operate at greater scale and speed. Using advancements in AI technologies, Nirmata Control Hub automatically generates, tests, and enforces policies and remediates critical issues leading to increased productivity for platform engineering teams, while enabling them to keep pace with AI-driven innovation.
As a result, Nirmata has seen unparalleled growth as enterprises around the world adopt its solutions, as evidenced by:
- 10X increase in annual revenues for policy and governance products in 2024
- Nirmata named a CNCF Top 20 contributor for 2024
- Kyverno, the open source policy engine for Kubernetes created by Nirmata, surpassed 3.2 billion downloads and ranks as a top CNCF project
- Kyverno is trusted by leading organizations like LinkedIn, Deutsche Telekom and Wayfair
“The security of our software is at a pivotal moment as the increasing complexity of cloud-native environments are overwhelming security and platform teams, leading to burnout and stifled innovation. By automating security in delivery pipelines, organizations can maintain governance at speeds that prevent breaches before they even happen,” said Saqib Syed, Nirmata Board Member. “We see the strength of Nirmata and the Kyverno community and are impressed by the business growth and product vision. Nirmata’s policy-as-code approach is an essential requirement to set new standards beyond legacy solutions towards resource, cost optimization and compliance. Customers have seen significant reduction in their application and cloud vulnerabilities by shifting security down and automation of policy as code using Nirmata Control Hub.”
“Nirmata is well-positioned to address the growing need for robust security and governance in the rapidly evolving cloud-native ecosystem,” said Jim Bugwadia, Co-Founder and CEO of Nirmata. “This funding highlights the strong market demand for our solutions and empowers us to scale our operations, helping more organizations strengthen the security and efficiency of their cloud-native environments.”
Nirmata is actively broadening its business footprint, with a presence in the US and India. The company’s market impact has been recognized by several prestigious industry accolades, including being recognized by Intellyx as a Digital Innovator, and the Cybersecurity Excellence Awards for open-source security, policy and user management and security automation.
Click here to learn more about Nirmata and the future for security automation and governance.
About Nirmata
Nirmata is a leading provider of cloud-native policy and governance solutions, empowering enterprises to innovate securely at scale. Powered by Kyverno, a popular open-source Kubernetes policy engine with over 3.2 billion downloads, Nirmata enables real-time policy enforcement across multi-cloud and hybrid infrastructures, ensuring secure and compliant operations at scale. For more information, visit www.nirmata.com or follow Nirmata on GitHub, X, and LinkedIn.
SOURCE Nirmata, Inc