Grip Security Raises $25M Series A For Its Saas Security Platform
12/07/21, 2:00 PM
Location
tel avivMoney raised
$25 million
Round Type
series a
Grip Security, a Tel Aviv-based startup that helps enterprises protect their data in SaaS applications, today announced that it has raised a $25 million Series A funding round led by Intel Capital. YL Ventures, which led the company’s $6 million seed round earlier this year, also participated in this round.
Company Info
Location
tel aviv, tel-aviv district, israel
Additional Info
Traditionally, these companies would use a cloud access security broker (CASB) that act as intermediaries between the employee and the service they use. Because Grip knows of every application in use by a given company, it believes that it can also now help these companies enforce access based on company policy.