Skyhigh Networks today debuted CloudRisk, a new tool to help corporations track and manage their potential risk due to use of cloud services.
CloudRisk is a dashboard that tracks a firm’s current surface area with cloud services, providing the company with a number — on a scale of one through 10 — regarding their current exposure and a comparable figure for their industry.
If Skyhigh invented this ranking scale of risk, why grant it weight? The company’s other products vet cloud services, providing a Stamp of Approval — what it calls Skyhigh Enterprise-ready — to the apps deemed sufficiently safe, and it vends tools to help companies manage cloud use inside their businesses. So, if you were looking for a firm with a good pulse on cloud risk, and its mitigation, Skyhigh is a decent bet.
CloudRisk will also provide suggestions for companies that could use, ahem, a better score.
I spoke with CloudRisk CEO Rajiv Gupta about the new product and the larger cloud industry. In short we agree that growth potential remains essentially boundless for the sector as we stand today. Skyhigh is Gupta’s bet that that growth becomes realized, security products and tools will be required for the expansion. So the play makes sense.
Skyhigh raised a $20 million Series B round led by Sequoia Capital in 2013, a funding event that included participation from prior investor Greylock Partners.