Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Application Security

SaaS Security Startup Wing Emerges From Stealth With $26 Million in Funding

Wing Security, a Tel Aviv, Israel-based SaaS security startup, this week emerged from stealth mode with $26 million in seed and Series A funding.

GGV Capital, Harmony Partners, S-Capital, Silicon Valley CISO Investments Group, and various security leaders have invested in the company.

Wing Security, a Tel Aviv, Israel-based SaaS security startup, this week emerged from stealth mode with $26 million in seed and Series A funding.

GGV Capital, Harmony Partners, S-Capital, Silicon Valley CISO Investments Group, and various security leaders have invested in the company.

Founded in 2020, the company offers an end-to-end SaaS security solution that aims to deliver full visibility, analysis, and remediation capabilities to customers.

Wing also claims that organizations can employ its platform to empower end-users to actively participate in protecting the SaaS solutions they use daily.

The company says its platform can identify SaaS-related security issues by offering visibility into applications, users, app2app connections, external data collaborations, and inconsistencies.

[ READ: Enterprise Browser Startup Island Snags Massive Funding Round ]

Furthermore, the platform informs organizations about application compliance, offers details on the security ranking of applications, and helps users customize security definitions.

Wing plans to use the funds to add more talent to its employee base, with a focus on research and development, but also sales and marketing.

Advertisement. Scroll to continue reading.

“As businesses have become increasingly reliant on SaaS solutions and the agility they provide, security teams have been burdened with limited visibility and ability to truly protect the entire attack surface,” Wing Security CEO Noam Shaar said. “Wing was founded to address these challenges with a SaaS-native approach that provides security teams with the same agility, while also helping to protect against attacks on these environments.”

Related: MixMode Banks $45 Million in Series B Funding

Related: Application Security Firm ForAllSecure Raises $21 Million

Related: Hackuity Emerges From Stealth With $13 Million in Funding

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

Click to comment

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 the session as we discuss the challenges and best practices for cybersecurity leaders managing cloud identities.

Register

SecurityWeek’s Ransomware Resilience and Recovery Summit helps businesses to plan, prepare, and recover from a ransomware incident.

Register

People on the Move

Cody Barrow has been appointed as CEO of threat intelligence company EclecticIQ.

Shay Mowlem has been named CMO of runtime and application security company Contrast Security.

Attack detection firm Vectra AI has appointed Jeff Reed to the newly created role of Chief Product Officer.

More People On The Move

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.

CISO Strategy

SecurityWeek spoke with more than 300 cybersecurity experts to see what is bubbling beneath the surface, and examine how those evolving threats will present...

CISO Conversations

Joanna Burkey, CISO at HP, and Kevin Cross, CISO at Dell, discuss how the role of a CISO is different for a multinational corporation...

CISO Conversations

In this issue of CISO Conversations we talk to two CISOs about solving the CISO/CIO conflict by combining the roles under one person.

CISO Strategy

Security professionals understand the need for resilience in their company’s security posture, but often fail to build their own psychological resilience to stress.

Cyber Insurance

Cyberinsurance and protection firm Boxx Insurance raises $14.4 million in a Series B funding round led by Zurich Insurance.