Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Data Protection

Leen Banks Early Stage Funding for Data Security Technology

Leen Security, a new startup building technology to help reduce chaos in the data security space, has banked a $2.8 million pre-seed funding.

Leen Security, a new company building technology to help reduce chaos in the data security space, has banked a $2.8 million pre-seed funding and outlined plans to create a unified data API for cybersecurity.

The early stage startup said the financing was provided by 11.2 Capital, Inner Loop Capital and Preface Ventures.

The company cited data showing that cybersecurity defenders use more than 10,000 security tools from about 4,000 vendors, leading to chaos as organizations struggle to manage product deployments. 

Leen is positioning itself as a “Plaid for security data”, serving as a centralized hub for aggregating, de-duplicating, and standardizing data from multiple security tools.  

In a statement announcing the capital raise, Leen said unified APIs and common data models play crucial roles in enhancing security operations by helping with interoperability, consistency, and efficiency across various security tools and systems.

The idea is to offer a single integration point, reducing the complexity of managing multiple APIs and integrations.  n addition, Leen said its common data model tailors to specific sub-categories within the security landscape (think VMS, IAM, Endpoint, MDM, etc), incorporating data from a range of security products including Qualys, Tenable, Snyk, Crowdstrike, SentinelOne and Microsoft Defender.

Advertisement. Scroll to continue reading.

“This [funding] serves as initial validation for our hypothesis that interfacing with hundreds of security APIs is a hard problem faced by security vendors and teams alike,” Leen co-founder and chief executive Kabir Mathur said. “There are already thousands of security tools on the market and the rapid growth of the security industry only compounds the challenge.

Mathur said the company mission is to be the common data layer that connects tools from across the security stack, clearing up resources for vendors and security teams to focus on building their platforms, apps and internal security programs.”

Related: Cyber Insights 2024: APIs – A Clear, Present, and Future Danger

Related: Investors Double Down on Pangea Cyber API Security Bet

Related: Ghost Security Snags $15M Investment for API Security Tech

Related: Traceable AI Snags $60M for API Security Tech

Written By

Ryan Naraine is Editor-at-Large at SecurityWeek and host of the popular Security Conversations podcast series. He is a security community engagement expert who has built programs at major global brands, including Intel Corp., Bishop Fox and GReAT. Ryan is a founding-director of the Security Tinkerers non-profit, an advisor to early-stage entrepreneurs, and a regular speaker at security conferences around the world.

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing for the latest cybersecurity threats, trends, and expert insights.

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 this live webinar as we break down why email-layer defenses alone can't keep pace with the modern phishing ecosystem, how agentic AI is changing the capacity equation for security teams, and more.

Register

This year's summit will help organizations learn how to utilize tools, controls, and design models needed to properly secure cloud environments. Interact with leading solution providers and other end users facing similar challenges in securing a variety of cloud deployments.

Register

People on the Move

Mark Carter has been appointed Chief Information Security Officer at Socure.

Spektrum Labs has named Mark Cravotta Chief Operating Officer.

Philip Martin has joined Uber as Chief Information Security Officer.

More People On The Move

Expert Insights

Four decades of incident response experience suggest that exploits are often the symptom, not the root cause, of today’s cybersecurity failures.

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest cybersecurity news, threats, and expert insights. Unsubscribe at any time.