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Grip Security & The Syndicate Group (Tsg) Announce Strategic Investment To Accelerate Channel-Led Growth

Mar 13, 2023almost 3 years ago
Tel AvivGaming

Investors

TsgThe Syndicate Group

Description

Grip Security, a leader in SaaS security unifying discovery, access control and data governance, today announced a strategic investment from The Syndicate Group (TSG), a leading venture firm that helps startups scale faster with revenue growth and new customer acquisition by organizing exclusive investment access for their strategic go-to-market ecosystem. The investment helps Grip Security accelerate its channel-led growth strategy and has already spurred partner interest and sales pipelines that have exceeded expectations, setting the company up to overachieve its financial goals. TSG has a demonstrated history of investing in disruptive, category-creating companies and helping them accelerate revenue growth.

Company Information

Company

Grip Security

Location

Tel Aviv, Tel-Aviv District, Israel

About

Grip brings the industry’s most comprehensive visibility across all enterprise SaaS applications--known or unknown for apps, users, and their basic interactions with extreme accuracy to minimize false positives. Armed with deep visibility, Grip secures all SaaS application access regardless of device or location as well as mapping data flows to enforce security policies and prevent data loss across the entire SaaS portfolio.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers