Israel's Polar Security, a cloud-native data security company, has raised an $8.5 million seed financing round and launched out of stealth, the company announced Wednesday.
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Polar answers an organization's critical data security and compliance questions – where data stores exist, which stores hold sensitive information, who can and does access them, where data can flow, and how to prevent potential data vulnerabilities and compliance violations.
The funding round was led by Glilot Capital Partners with participation from IBI Tech Fund, as well as angel investors, including Co-founder & CEO of Cloud Security Alliance Jim Reavis, former RSA CTO Tim Belcher, former President of Qualys and Industry Executive Ann Johnson, Co-founder & CEO of Internet Security Systems and VP & GM of IBM Security Tom Noonan, among others.
Polar Security was founded in 2021 by cyber veteran Dov Yoran (Chairman); CEO Guy Shanny, who founded, built and sold a web vulnerability research and hosting company at age 14; and CTO Roey Yaacovi, recipient of the prestigious Prime Minister's Award for Best Technological Operational Project Achievement
"To solve data security in the cloud, you must focus on the crown jewels - the data stores holding sensitive data – as fast as developers create new data," said Shanny.
