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Cybersecurity Funding

Zafran Emerges From Stealth With Risk and Mitigation Platform, $30M in Funding

Zafran has emerged from stealth mode with a risk and mitigation platform and $30 million in funding from Sequoia Capital and Cyberstarts.

Another cybersecurity company coming out of Israel has emerged from stealth mode. Zafran on Thursday unveiled its risk and mitigation platform and announced raising $30 million in funding. 

Zafran was founded in 2022 by Sanaz Yashar, who serves as the company’s CEO, Ben Seri (CTO) and Snir Havdala (CPO). The cybersecurity firm has developed a risk and mitigation platform that leverages existing security tools to address vulnerabilities that could be exploited by threat actors.

The platform leverages control configurations, runtime data, internet exposures, and threat intelligence to determine whether vulnerabilities are exploitable or already mitigated. If a security hole is found to be exploitable, mitigations are automatically applied using existing security products. 

The company has created what it describes as the industry’s first mitigation knowledgebase, which works with endpoint detection and response, firewall and cloud products to enable organizations to assess risk.

The $30 million funding round was led by Sequoia Capital and Cyberstarts, with participation from Cerca Partners and Penny Jar. 

“In an industry characterized by the perpetual race between attackers and defenders, the exploitation window has been consistently overlooked – and despite the inflation of security tools, organizations’ risk assessments often fail to consider existing compensative security controls,” said Yashar. 

“Zafran transforms risk mitigation by mobilizing security controls against evolving threats, bridging organizations’ security gaps and blind spots and mitigating risks at scale,” she added.

Related: BlueFlag Security Emerges From Stealth With $11.5M in Funding

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Related: AI Testing Startup RagaAI Emerges From Stealth With $4.7M in Seed Funding

Related: Discern Security Emerges From Stealth Mode With $3 Million in Funding

Written By

Eduard Kovacs (@EduardKovacs) is a managing 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.


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