Palerra Named a 2015 Gartner Cool Vendor

SANTA CLARA, CA--(Marketwired - Apr 8, 2015) - Palerra, the cloud security automation company, today announced it has been included in the list of "Cool Vendors" in Risk Management for 2015.

This news comes on the same day that Palerra announced the completion of a $17 million round of Series B financing. For more on that news, visit https://palerra.com/news_item/palerra-closes-17-million-in-new-funding-to-fuel-cloud-security-automation.

The LORIC™ platform provides threat visibility and ensures compliance of an organization's entire cloud footprint by combining threat detection, predictive analytics, security configuration management, and automated incident response into a single solution. LORIC monitors enterprise cloud applications such as AWS, Box, Salesforce, Microsoft® Office 365™ and GitHub, and promotes the security of these services through a single pane of glass.

"Palerra's inclusion in Gartner's Cool Vendor report validates our vision and product leadership," said Rohit Gupta, founder and CEO of Palerra. "We look forward to delivering on our belief that the best security, and the best surveillance, never gets in the way of business operations. And that security, like so many other aspects of our day-to-day lives, should be automated."

To learn more about LORIC:

• Visit us online at www.palerra.com
• Join the conversation on Twitter at https://twitter.com/palerrainc

About Palerra
Palerra, Inc. designed LORIC™ to protect an enterprise's entire cloud footprint from branded applications such as Microsoft Office 365 to infrastructure such as AWS, and everything in between. It combines security configuration management, threat detection, predictive analytics, and automated incident response into a single platform, delivering comprehensive visibility and ensuring continuous compliance. It does so without any hardware or software, and unlike cloud access control solutions, is not inline to critical online activities. Palerra is a privately held company funded by Norwest Venture Partners, Wing Venture Capital and August Capital and is headquartered in Santa Clara, Calif. For more information, visit www.palerra.com.

About Gartner Cool Vendors
Each year, Gartner identifies new Cool Vendors in key technology areas and publishes a series of research reports highlighting these innovative vendors and their products and services. The annual reports highlight emerging vendors that provide innovative technologies warranting attention from prospective customers. For more information, visit https://www.gartner.com/doc/3021222?ref=AnalystProfile&srcId=1-4554397745.

Cool Vendor Disclaimer
Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.