Security Experts:

Connect with us

Hi, what are you looking for?


Application Security

Normalyze Announces $22 Million for DSPM Technology

Bay Area startup Normalyze on Monday announced a $22 million in Series A funding as venture capital investors rush to place bets on the newly coined Data Security Posture Management (DSPM) space.

Bay Area startup Normalyze on Monday announced a $22 million in Series A funding as venture capital investors rush to place bets on the newly coined Data Security Posture Management (DSPM) space.

Normalyze, based in San Francisco, said the funding round was co-led by Lightspeed Venture Partners and Battery Ventures and brings the total raised to $26.6 million.

Normalyze joins a cadre of well-capitalized early stage startups hawking machine learning tools to help businesses pinpoint security risks to digital assets in multi-cloud environments. Over the last year, startups like Symmetry Systems ($15 million raised), Veza ($110 million raised), Laminar ($30 million), ($81 million) and Dig Security ($11 million) joined several so-called ‘unicorns’ in the data security space.

The emergence of these new Data Security Posture Management startups suggest a major gap in the way data stores are protected and new tools to help different teams in an organization to discover and classify attack paths to sensitive data stored in AWS, Azure or GCP.

Normalyze described its technology as a graph-powered platform that lets security teams continuously analyze, prioritize, and respond to cloud data threats and prevent sensitive data loss.

“[Our] secret sauce is its ability to gather all security stakeholders –  from the CISO to the security engineer, to DevOps –  in one user interface to discover data, classify it, and prioritize discovery of attack paths that can lead to sensitive information,” the company said in a note announcing the new financing.

The company argued that data security in the modern enterprise has become overly complex due the proliferation of data, an explosion of microservices, rapid cloud adoption, hybrid work environments, and compliance.

“Today’s enterprises find their data scattered throughout their various cloud environments with limited visibility of where sensitive data resides. It’s a massive problem,” said Normalyze CEO Amer Deeba. “We built Normalyze to help companies of all sizes discover, classify and secure sensitive data across all public clouds,” he added.

The company is promising simple onboarding and minimum ramp up time to help defenders gain full visibility on data security posture.

Related: Data Security Company Symmetry Systems Raises $15 Million

Related: Data Security Firm Veza Closes $110 Million Funding Round

Related: Cloud Data Security Startup Laminar Raises $30 Million

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.

Data Protection

The CRYSTALS-Kyber public-key encryption and key encapsulation mechanism recommended by NIST for post-quantum cryptography has been broken using AI combined with side channel attacks.


Less than a week after announcing that it would suspended service indefinitely due to a conflict with an (at the time) unnamed security researcher...

Data Protection

The cryptopocalypse is the point at which quantum computing becomes powerful enough to use Shor’s algorithm to crack PKI encryption.


The changing nature of what we still generally call ransomware will continue through 2023, driven by three primary conditions.

Data Breaches

LastPass DevOp engineer's home computer hacked and implanted with keylogging malware as part of a sustained cyberattack that exfiltrated corporate data from the cloud...

Cybersecurity Funding

SecurityWeek investigates how political/economic conditions will affect venture capital funding for cybersecurity firms during 2023.

Application Security

PayPal is alerting roughly 35,000 individuals that their accounts have been targeted in a credential stuffing campaign.