Krux
March 8, 2026
Fig Security Raises $38M Betting on 'Silent Drift' Problem
Published: March 8, 2026 at 12:30 AM
Updated: March 8, 2026 at 12:30 AM
100-word summary
Fig Security emerged from stealth with $38 million across seed and Series A rounds, co-led by Team8 and Ten Eleven Ventures. The company tackles "silent drift," when security detection tools quietly break as data sources change, leaving blind spots unnoticed. Backers include Splunk's former CEO and the founders of Demisto and Siemplify, the security automation tools that Palo Alto and Google bought for nine figures. Fig already claims a dozen Fortune 100 customers despite operating in stealth. The bet: as companies pile on more security tools, the real risk isn't what attackers do, but what defenders stop seeing.
What happened
Fig Security emerged from stealth with $38 million across seed and Series A rounds, co-led by Team8 and Ten Eleven Ventures. The company tackles "silent drift," when security detection tools quietly break as data sources change, leaving blind spots unnoticed. Backers include Splunk's former CEO and the founders of Demisto and Siemplify, the security automation tools that Palo Alto and Google bought for nine figures. Fig already claims a dozen Fortune 100 customers despite operating in stealth.
Why it matters
The bet: as companies pile on more security tools, the real risk isn't what attackers do, but what defenders stop seeing.