Security Experts:

Connect with us

Hi, what are you looking for?



Metomic Lands $20M Series A for Data Security Platform

Evolution Equity Partners leads a new venture capital raise by the early-stage British data security startup.

Metomic, a British startup selling tools to automate data security tasks across cloud applications, has secured $20 million in Series A funding.

The London-based company said the $20 million financing was led by Evolution Equity Partners. Venture capital firms Resonance and Connect Ventures also joined as investors.

The company plans to use the capital to fuel ambitious expansion plans into the U.S. market and to continue creating technology to help organizations secure data in multi-cloud environments.

Metomic has raised approximately $25 million since launching in 2018 with a platform that provides no-code workflows to automate data policies across SaaS applications. 

“Metomic is giving organizations visibility and control of their data across collaborative SaaS applications, including Google Apps, Slack, Jira, and Zendesk by connecting to the data layer of these popular work tools. It allows security professionals to see what data is being stored, where it is, and who has access to it,” the company said in a note announcing the funding round.

The company said it plans to grow staff significantly over the next year with sales and marketing functions positioned in the U.S. to expand that market. Metomic said about half of its customers are currently based in the United States.

Related: Data Security Company Symmetry Systems Raises $15 Million

Related: What’s Going on With Cybersecurity VC Investments?

Related: Normalyze Announces $22 Million for DSPM Technology

Related: Dig Security Banks $34 Million for Cloud Data Security

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.

Click to comment

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 webinar to learn best practices that organizations can use to improve both their resilience to new threats and their response times to incidents.


Join this live webinar as we explore the potential security threats that can arise when third parties are granted access to a sensitive data or systems.


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.


Twenty-one cybersecurity-related M&A deals were announced in December 2022.


More than 450 cybersecurity-related mergers and acquisitions were announced in 2022, according to an analysis conducted by SecurityWeek


Forty cybersecurity-related M&A deals were announced in January 2023.

Cybersecurity Funding

Network security provider Corsa Security last week announced that it has raised $10 million from Roadmap Capital. To date, the company has raised $50...


Seventeen cybersecurity-related M&A deals were announced in the first half of February 2023.