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Sweet Security Technologies raised $33M in a Series A funding round led by Evolution Equity Partners LLC to enhance its cloud security operations and bolster its U.S. presence.

PRIVATEMar 06, 2024

Amount Raised

$33 Million

Round Type

Series A

Tel AvivSecurityCyber SecurityCloud InfrastructureNetwork SecurityCloud Security

Investors

Glilot Capital Partners LPMunich Re Ventures LLCEvolution Equity Partners LLC

Description

Sweet Security Technologies announced a $33-million Series A funding round led by Evolution Equity Partners LLC, with participation from Munich Re Ventures LLC and Glilot Capital Partners LP. The investment aims to bolster the company's U.S. presence and expand its cutting-edge platform.

Quick answer

Sweet Security raised $33 Million in a Series A round, dated March 6, 2024. Investors: Glilot Capital Partners LP, Munich Re Ventures LLC and Evolution Equity Partners LLC. Sweet Security is based in Tel Aviv, Tel Aviv District, Israel.

How much did Sweet Security raise?
Sweet Security raised $33 Million in a Series A round on March 6, 2024.
Who invested in Sweet Security?
Glilot Capital Partners LP, Munich Re Ventures LLC and Evolution Equity Partners LLC are named as investors in this round.
What does Sweet Security do?
Sweet Security is redefining enterprise cloud protection.
Where is Sweet Security based and how big is it?
Sweet Security is based in Tel Aviv, Tel Aviv District, Israel. Fundz records about 86 employees.
Who are the decision-makers at Sweet Security?
Fundz holds 4 contacts at Sweet Security, including the Co-Founder and CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Security and Cyber Security around the same time

Companies in the same sectors as Sweet Security that raised within 45 days of this round, from Fundz verified event records.

  • Cyera raised $200M (Series B) on March 13, 2024.
  • Entitle raised $15M (Seed) on March 11, 2024.
  • Simbian raised $10M (Seed) on April 11, 2024.
  • Heeler Security raised $8.5M on April 9, 2024.
  • ThreatLocker raised $69M on April 8, 2024.
  • TrojAI raised $5.8M (Seed) on April 3, 2024.

Who to call at Sweet Security, and when

A new round usually means Sweet Security is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Sweet Security

Location

Tel Aviv, Tel Aviv District, Israel

About

Sweet Security is redefining enterprise cloud protection. As the leading provider of Runtime CNAPP solutions and a pioneer in AI Security, Sweet unifies runtime context with advanced AI intelligence to protect the modern enterprise across applications, workloads, and infrastructure. Its platform delivers real-time detection and response, vulnerability and posture management, identity threat protection, and API security – powered by its patented, LLM-driven detection engine, reducing alert noise to just 0.04%. By bridging cloud and AI security, Sweet enables organizations to accelerate innovation, reduce operational risk, and achieve industry-leading MTTR times.

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Fundz sees it the moment Sweet Security raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

4 contacts
Verified contactsDror K., Co-Founder and CEO hidden hidden hiddenSee plans and pricing
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Sweet Security raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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