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devOcean Emerges From Stealth With Cloud-Native Security Operations Platform

devOcean has emerged from stealth mode with a cloud-native security operations platform and $6 million in funding. The company’s seed round was led by Glilot Capital Partners, with participation from angel investors.

devOcean has emerged from stealth mode with a cloud-native security operations platform and $6 million in funding. The company’s seed round was led by Glilot Capital Partners, with participation from angel investors.

The Israel-based startup was founded in 2021 by former CyberArk GMs of security research and innovation, Doron Naim and Gil Makmel, who now serve as CEO and CTO, respectively. At the moment, the company has 15 employees.

devOcean says its Security-as-a-Service (SaaS) platform collects insights from all cloud and security tools to provide information on potential risks and their effect on cloud applications.

This unified view of critical threats, the company says, helps security teams prioritize mitigation and allows CISOs to assign teams responsible for patching specific vulnerabilities or addressing issues.

devOcean’s platform also offers recommendations on addressing risks efficiently and allows security teams to automate workflows and easily assign tasks to the relevant teams.

“devOcean was established as a solution to give CISOs and security teams the transparency they need to get a full understanding of security issues and how they affect the application as a whole while also providing insight into how, and who, is best to solve a particular issue,” Naim said.

Related: Application Security Firm StackHawk Bags $20.7 Million in Series B Funding

Related: Email Security Firm Abnormal Security Raises $210 Million at $4 Billion Valuation

Related: Zero Trust VPN Company Tailscale Raises $100 Million

Related: Application Security Firm ShiftLeft Raises $29 Million

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

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