Swimlane

Swimlane is a low-code security orchestration, automation, and response (SOAR) platform that captures telemetry and combines it with human and machine data to transform it into actionable intelligence for incident response. The platform enables organizations to create cybersecurity automation workflows or incident response playbooks through a low-code, drag-and-drop interface. The playbook performs multiple tasks and automatically scans an application’s network traffic for malicious activities.

Swimlane Turbine delivers telemetry ingestion, integration, workflow automation, case management, dashboard and reporting capabilities. The platform’s features include Active Sensing Fabric, which uses webhooks and remote agents to locate larger siloed data across IT environments and collects security telemetry; low-code Adaptable Playbooks, which helps to develop playbooks aligned with security priorities or operations; Autonomous Integrations, which integrates with any API to extend visibility and response across an environment and connects siloed technologies such as cloud, IoT, and edge computing; and a System of Record of all the security activities of an organization to assess KPIs, ROI, and risk posture improvements. Swimlane delivers Turbine both on-premises or via the cloud.

Swimlane Cloud Security and Compliance solution continuously monitors the infrastructure and conducts regular vulnerability testing to secure access and manage content with security features such as encryption, two factor authentication, and role based access control.

Swimlane acquired Syncurity in April 2020 to enhance its security automation platform and to expand its market reach.

As of June 2022, the company had an employee headcount of 180 and expected this to grow to 200–220 by the end of 2022.

Key customers and partnerships

Swimlane said it experienced significant growth in its platform’s adoption by Fortune 500 companies in 2023, onboarding 13 new customers for a total of 40 as of February 2024. Notable customers included Bloomberg, NTT Data, Ralph Lauren, American Fidelity, The University of Alabama, Toshiba, the Department of Homeland Security, and Campbell’s.

The company has partnered with numerous technology companies to integrate its solutions and extend its reach and capabilities, including Recorded Future, AWS, Elastic, Microsoft, Mimecast, and SentinelOne.

In November 2022, Swimlane partnered with the IoT/OT security startup, Nozomi Networks to provide a joint solution that automates security orchestration, threat detection and response to maintain continuous asset compliance and mitigate cyber threats across OT and IT entry points in industrial and critical infrastructure security operations.

Swimlane announced a partnership with Amazon Web Services (AWS) in April 2023 to enable low-code automation for threat investigation and response.

In February 2024, the company announced a significant partnership with global IT services firm NTT Data, to augment the latter’s global managed data services with Swimlane’s AI security automation capabilities.

Funding and financials

In July 2022, the company raised USD 70 million in a Series C funding round led by Activate Capital. The funds were expected to be utilized to develop cybersecurity automation features that enhance its security automation platform and fuel expansion of global partner networks and marketing efforts.

In 2021, Swimlane recorded 80% YoY growth, over 120% in net retention and product expansion rate, a 5x increase in adoption of its Turbine cloud edition platform, and over 700% growth in business over 2017-2020. As of June 2022, Swimlane had conducted nearly 70%–75% of its business in North America and had announced plans to go public and breakeven at USD 100 million within 2025-2027.