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Cloud Data Protection Startup Laminar Closes $32M Funding Round

Public cloud data protection provider Laminar on Wednesday emerged from stealth with $32 million in Series A funding. To date, the startup has raised $37 million in venture capital investments.

The new investment round was led by Insight Partners. Meron Capital, SentinelOne, and TLV Partners also participated.

Public cloud data protection provider Laminar on Wednesday emerged from stealth with $32 million in Series A funding. To date, the startup has raised $37 million in venture capital investments.

The new investment round was led by Insight Partners. Meron Capital, SentinelOne, and TLV Partners also participated.

Laminar says the funding will help expand its engineering, data security and go-to-market teams.

The Tel Aviv, Israel-based startup offers a Cloud Data Security Platform that promises to continuously discover and classify sensitive data, to provide organizations with complete visibility into it.

Specifically designed for CISOs and data protection teams, Laminar said the product can also help companies improve their risk posture through securing and controlling data, and claims to identify and prevent leaks without interrupting data flows.

Laminar claims its cloud-native approach to data security can ensure visibility into shadow datastores, to reduce attack surface and ensure leaks are detected in real-time, all through agentless and asynchronous monitoring.

Related: Open XDR Company Stellar Cyber Raises $38 Million

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Related: Socure Raises $450 Million at $4.5 Billion Valuation

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

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