Round Type
Seed
Investors
Description
Canonic Security, a cybersecurity startup protecting SaaS business applications, today emerged from stealth with $6 million in seed funding from leading global investors including First Round Capital, Elron Ventures, SV Angel and Operator Partners. The company also unveiled the Canonic App Governance platform, powered by the industry's first app sandbox. The commercially available platform redefines SaaS application security by allowing enterprises – for the first time ever – to simulate third-party apps and SaaS-native code behavior in its SaaS sandbox environment before granting access to organizations' business applications. The investment accelerates the product's go-to-market and development initiatives, which are already in full-force with over twenty deployments worldwide.
Quick answer
Canonic Security raised an undisclosed amount in a Seed round, dated February 9, 2022. Investors: SV Angel. Canonic Security is based in Tel Aviv, Tel Aviv District, Israel.
- How much did Canonic Security raise?
- Canonic Security raised an undisclosed amount in a Seed round on February 9, 2022.
- Who invested in Canonic Security?
- SV Angel is named as investors in this round.
- What does Canonic Security do?
- Canonic Security is a SaaS Application Security platform that continuously profiles apps and user accounts, identifies suspicious or out-of-policy behavior, and automatically reduces the SaaS attack surface.
- Where is Canonic Security based and how big is it?
- Canonic Security is based in Tel Aviv, Tel Aviv District, Israel.
Source: Fundz verified event record.
Who else raised in Professional Services and Privacy And Security around the same time
Companies in the same sectors as Canonic Security that raised within 45 days of this round, from Fundz verified event records.
- LexCheck raised $5M (Funding Round) on March 24, 2022.
- Securonix, Inc. raised an undisclosed amount on February 15, 2022.
- PIXM Security raised $4.3M (Seed) on February 1, 2022.
- ArmorCode raised $11M (Seed) on January 25, 2022.
- Firstbase raised $50M (Series B) on March 25, 2022.
- Nasuni raised $60M on March 25, 2022.
Who to call at Canonic Security, and when
A new round usually means Canonic Security is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Canonic Security raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Canonic Security, from your own LinkedIn network
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Fundz sees it the moment Canonic Security raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Canonic Security raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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