Security Experts:

Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Application Security

SaaS Security Company Grip Security Emerges From Stealth

SaaS security company Grip Security on Tuesday emerged from stealth mode and announced raising $6 million in seed funding.

SaaS security company Grip Security on Tuesday emerged from stealth mode and announced raising $6 million in seed funding.

Grip Security has developed a platform that is designed to help organizations discover, monitor and secure their SaaS applications, regardless of where they are located and what types of devices they are running on.

The company claims its platform is easy to deploy, it doesn’t impact performance, and it can be used either on its own or to complement an existing cloud access security broker (CASB) solution.

Grip Security says its solution provides comprehensive coverage of SaaS applications, historical visibility into the usage of such apps, insights into the risks posed by SaaS applications, and deep analysis of apps, users and activity. It can also be used by organizations to implement security policies and for protecting sensitive data.

Grip Security was founded by Lior Yaari, who will serve as CEO, Idan Fast, who will serve as CTO, and Alon Shenkler, the company’s VP of R&D.

The seed funding round was led by YL Ventures, with participation from George Kurtz, CEO and co-founder of CrowdStrike; Andy Ellis, former CSO of Akamai; Michael Sutton, former CISO of Zscaler; Sounil Yu, former chief security scientist at Bank of America; Omkhar Arasaratnam, former executive director of data protection engineering at JPMorgan Chase; Sameer Sait, CISO at Amazon’s Whole Foods; Adi Sharabani, former SVP & GM of endpoint solutions at Symantec; and others.

“Current SaaS solutions cover a fraction of applications, or only monitor connections originating from the corporate network and are cumbersome to deploy,” said CEO Lior Yaari. “Our platform helps organizations get a grip on their SaaS security by cost-effectively providing them with the most comprehensive SaaS coverage and governance with zero touch.”

Related: DoControl Emerges From Stealth With SaaS Security Platform

Related: Adaptive Shield Emerges From Stealth to Secure SaaS Applications

Related: Application Intelligence Firm Bionic Emerges From Stealth With $17M in Funding

Related: Cloud Application Security Firm Traceable Emerges From Stealth Mode

Written By

Eduard Kovacs (@EduardKovacs) is a contributing editor at SecurityWeek. He worked as a high school IT teacher for two years before starting a career in journalism as Softpedia’s security news reporter. Eduard holds a bachelor’s degree in industrial informatics and a master’s degree in computer techniques applied in electrical engineering.

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.

Register

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.

Register

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.

Management & Strategy

SecurityWeek examines how a layoff-induced influx of experienced professionals into the job seeker market is affecting or might affect, the skills gap and recruitment...

Application Security

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

Cybersecurity Funding

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

Application Security

GitHub this week announced the revocation of three certificates used for the GitHub Desktop and Atom applications.

Application Security

Drupal released updates that resolve four vulnerabilities in Drupal core and three plugins.

Funding/M&A

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

Application Security

While there are many routes to application security, bundles that allow security teams to quickly and easily secure applications and affect security posture in...