Public cloud data protection startup Laminar today announced that it has raised an additional $30 million in an extended Series A funding round.
Coming from Tiger Global Management and Salesforce Ventures, the new investment nearly doubles Laminar’s funding, after the company announced $37 million in seed and Series A funding in November 2021.
The Tel Aviv, Israel-based startup emerged from stealth in the fall of 2021 with a cloud data security platform that provides visibility into datasets, prioritizes risk based on data sensitivity and posture, and secures data by addressing weak controls and monitoring for access anomalies.
The platform was recently extended with support for Microsoft Azure, a full suite of data-centric security policies, and support for self-hosted embedded databases.
Laminar plans to use the new funds to accelerate product innovation and expand sales and marketing teams.
“Companies need a unified view of their sensitive data in the cloud and a solution that continuously monitors and alerts. This enables data security to drive a ‘Discover, Control & Verify’ approach with application development and data science teams, which allows them to safely move at the speed of the cloud. Laminar delivers on all of these elements, and these latest enhancements will only improve the customer experience,” said Yaniv Toledano, global CISO at fintech provider Pagaya.
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