SaaS Alerts, a cybersecurity startup that helps managed service providers (MSPs) protect their customers’ core business SaaS applications, has received a $22 million growth investment from Insight Partners.
Founded in 2020, the Wilmington, North Carolina-based firm provides MSPs with a multi-tenant, unified, real-time platform to help them monitor and secure their customers’ usage of SaaS applications.
SaaS Alerts also offers support for monitoring popular MSP tools, delivering instant alerts so that MSPs can take immediate action against both internal and external threats, including data theft and employee mishaps.
The platform can be integrated with existing PSA consoles and supports monitoring for unusual user behavior, SaaS application usage, potential unauthorized access, and potential data leakage.
SaaS Alerts plans to invest the funding in growing its SaaS security monitoring and response platform.
“SaaS applications have become essential for businesses of every size and MSPs need the ability to better protect those applications on behalf of their customers. SaaS Alerts has pioneered SaaS security for MSPs and has a clear vision for how detecting and correlating abnormal user behavior can greatly impact the MSP industry,” said Insight Partners Principal Philine Huizing.
Related: Data Security Company Open Raven Raises $20 Million
Related: Data Security Firm Sotero Raises $8 Million in Seed Funding
Related: Edge Management and Orchestration Firm Zededa Raises $26 Million
Related: Machine Identity Management Firm AppViewX Raises $20 Million
More from Ionut Arghire
- Blackpoint Raises $190 Million to Help MSPs Combat Cyber Threats
- ‘Asylum Ambuscade’ Group Hit Thousands in Cybercrime, Espionage Campaigns
- Google Cloud Now Offering $1 Million Cryptomining Protection
- Pharmaceutical Giant Eisai Takes Systems Offline Following Ransomware Attack
- North Korean Hackers Blamed for $35 Million Atomic Wallet Crypto Theft
- Cisco Patches Critical Vulnerability in Enterprise Collaboration Solutions
- Android’s June 2023 Security Update Patches Exploited Arm GPU Vulnerability
- US, Israel Provide Guidance on Securing Remote Access Software
Latest News
- In Other News: AI Regulation, Layoffs, US Aerospace Attacks, Post-Quantum Encryption
- Blackpoint Raises $190 Million to Help MSPs Combat Cyber Threats
- Google Introduces SAIF, a Framework for Secure AI Development and Use
- ‘Asylum Ambuscade’ Group Hit Thousands in Cybercrime, Espionage Campaigns
- Evidence Suggests Ransomware Group Knew About MOVEit Zero-Day Since 2021
- SaaS Ransomware Attack Hit Sharepoint Online Without Using a Compromised Endpoint
- Google Cloud Now Offering $1 Million Cryptomining Protection
- Democrats and Republicans Are Skeptical of US Spying Practices, an AP-NORC Poll Finds
