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Twistlock

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Offers a complete, enterprise-grade security suite for virtual-container security

Portland, United StatesFounded 2015Cybersecurity
Valuation $500M–1B Last recorded · 2019
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Twistlock and the history behind them.

About Twistlock

Twistlock was a cybersecurity firm that specialized in security for cloud-native applications and workloads. Founded in 2015 by Ben Bernstein and Dima Stopel, the company established a significant market presence by addressing the security needs of containerized environments. Both founders brought valuable experience from their previous decade-long tenures at Microsoft, which informed their approach to enterprise security challenges.

The company's core business centered on providing a comprehensive security platform for technologies like Docker and Kubernetes, which were becoming central to modern software development. Twistlock's platform offered a multi-faceted security solution encompassing vulnerability management, compliance enforcement, and runtime defense tailored specifically for cloud-native architectures. This addressed a critical gap, as traditional security tools were not equipped to handle the dynamic nature of containers. Its client base included a number of large enterprises, with over a quarter of the Fortune 100 using its services prior to its acquisition.

The business model was based on selling this enterprise-grade security suite, which integrated into the continuous integration and continuous delivery (CI/CD) pipeline, allowing developers to scan for vulnerabilities early in the development process. The platform's features included scanning container images, monitoring for threats in runtime environments, and ensuring compliance with industry standards like PCI and HIPAA. A key differentiator was its ability to automatically learn application behavior to build security models, reducing the manual effort required to secure complex systems.

After raising $63.1 million over several funding rounds from investors including Polaris Partners, YL Ventures, and ICONIQ Growth, Twistlock demonstrated significant growth. This trajectory culminated in its acquisition by Palo Alto Networks in July 2019 for approximately $410 million in cash. Following the acquisition, Bernstein and Stopel joined Palo Alto Networks, and Twistlock's technology was integrated into the Prisma Cloud security suite, extending its capabilities to a broader set of cloud security challenges.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2015
Headquarters
Portland, United States
Open positions
None listed
Dealroom signal
60.9/100
Industry
Security
Sub-industry
Cloud & Infrastructure
Sector
Vulnerability Management, Cloud Security, Virtualization, Freight, Cyber threat Intelligence and detection, Vivatech2019, Cybersecurity, Hard Tech, DT and LS
Technology
Deep Tech
Business model
SaaS
Client focus
b2b

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing May 2019 $500M $500M Palo Alto Networks —
SERIES COther financing Aug 2018 $33M $132M Rally Ventures · EMC · ICONIQ Capital · YL Ventures ↗
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Growth signals

Twistlock website traffic

Latest recorded traffic for Twistlock is 380 monthly website visits, down 80% over the last three months.

Latest monthly visits380 3-month web change-80%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

8 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

Series A3 investors entered at this stage

Series B and later2 investors entered at this stage

Other known investors1 additional known investor

  • Palo Alto Networks
Team profiled 234 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 19 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Portland HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Twistlock on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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