Backed by fresh funding, Sourced Group launches cloud security spin-off – Channel Asia Singapore

Vernon Jefferson and Neil Brown (Kivera)

Vernon Jefferson and Neil Brown (Kivera)

Credit: Kivera

Sourced Group has launched a new cloud security company and product in the form of Kivera, fresh from securing an additional $2.5 million in funding from existing investor, Round 13 Capital.

With operations in Sydney and Toronto, Kivera will go to market as a cloud security offering capable of applying governance policies at enterprise level, spanning multi-cloud environments. The solution is designed to allow developers freedom of choice when selecting orchestration tools – “native or otherwise” – in addition to enhancing cyber security capabilities.

The spin-off business will be led by product co-founders, Vernon Jefferson and Neil Brown, who are both transitioning away from Sourced to assume the roles of CTO and vice president of Operations respectively.

Meanwhile, the role of interim CEO will be held by Jonathan Spinks as CEO of Sourced, who will also join interim CFO, Wilson Lee, Jefferson and Round 13 on the board of directors.

“Through years of consulting, preserve the integrity of cloud environments and application teams wanting to focus on innovating their applications rather than navigating rigid control structures,” Brown said. “Striking a balance is further complicated by the ever-increasing number of cloud services and possible configurations.”


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