Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Application Security

SaaS Security Company Grip Security Emerges From Stealth

SaaS security company Grip Security on Tuesday emerged from stealth mode and announced raising $6 million in seed funding.

SaaS security company Grip Security on Tuesday emerged from stealth mode and announced raising $6 million in seed funding.

Grip Security has developed a platform that is designed to help organizations discover, monitor and secure their SaaS applications, regardless of where they are located and what types of devices they are running on.

The company claims its platform is easy to deploy, it doesn’t impact performance, and it can be used either on its own or to complement an existing cloud access security broker (CASB) solution.

Grip Security says its solution provides comprehensive coverage of SaaS applications, historical visibility into the usage of such apps, insights into the risks posed by SaaS applications, and deep analysis of apps, users and activity. It can also be used by organizations to implement security policies and for protecting sensitive data.

Grip Security was founded by Lior Yaari, who will serve as CEO, Idan Fast, who will serve as CTO, and Alon Shenkler, the company’s VP of R&D.

The seed funding round was led by YL Ventures, with participation from George Kurtz, CEO and co-founder of CrowdStrike; Andy Ellis, former CSO of Akamai; Michael Sutton, former CISO of Zscaler; Sounil Yu, former chief security scientist at Bank of America; Omkhar Arasaratnam, former executive director of data protection engineering at JPMorgan Chase; Sameer Sait, CISO at Amazon’s Whole Foods; Adi Sharabani, former SVP & GM of endpoint solutions at Symantec; and others.

“Current SaaS solutions cover a fraction of applications, or only monitor connections originating from the corporate network and are cumbersome to deploy,” said CEO Lior Yaari. “Our platform helps organizations get a grip on their SaaS security by cost-effectively providing them with the most comprehensive SaaS coverage and governance with zero touch.”

Related: DoControl Emerges From Stealth With SaaS Security Platform

Advertisement. Scroll to continue reading.

Related: Adaptive Shield Emerges From Stealth to Secure SaaS Applications

Related: Application Intelligence Firm Bionic Emerges From Stealth With $17M in Funding

Related: Cloud Application Security Firm Traceable Emerges From Stealth Mode

Written By

Eduard Kovacs (@EduardKovacs) is a managing editor at SecurityWeek. He worked as a high school IT teacher for two years before starting a career in journalism as Softpedia’s security news reporter. Eduard holds a bachelor’s degree in industrial informatics and a master’s degree in computer techniques applied in electrical engineering.

Click to comment

Trending

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Join the session as we discuss the challenges and best practices for cybersecurity leaders managing cloud identities.

Register

SecurityWeek’s Ransomware Resilience and Recovery Summit helps businesses to plan, prepare, and recover from a ransomware incident.

Register

Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Cybersecurity Funding

SecurityWeek investigates how political/economic conditions will affect venture capital funding for cybersecurity firms during 2023.

CISO Strategy

SecurityWeek spoke with more than 300 cybersecurity experts to see what is bubbling beneath the surface, and examine how those evolving threats will present...

CISO Conversations

Joanna Burkey, CISO at HP, and Kevin Cross, CISO at Dell, discuss how the role of a CISO is different for a multinational corporation...

CISO Conversations

In this issue of CISO Conversations we talk to two CISOs about solving the CISO/CIO conflict by combining the roles under one person.

CISO Strategy

Security professionals understand the need for resilience in their company’s security posture, but often fail to build their own psychological resilience to stress.

Cyber Insurance

Cyberinsurance and protection firm Boxx Insurance raises $14.4 million in a Series B funding round led by Zurich Insurance.