DoControl SaaS co-security platform raises $ 10 million

Israeli developer of automatic SaaS security platform DoControl announced the completion of a $ 10 million Series A funding round led by RTP Global with participation from StageOne Ventures, Cardumen Capital and CrowdStrike Falcon Fund. This brings the total funds raised by the company to $ 13.35 million.

DoControl also launched its fully automated SaaS security platform, which provides monitoring, orchestration and remediation of data access in major SaaS applications, such as Google Drive, Box, Microsoft OneDrive, Salesforce, Slack , Jira, BambooHR, GitHub and more.

With offices in Tel Aviv and New York, the company was founded 10 months ago by CEO Adam Gavish, CRO Omri Weinberg and CTO Liel Ran.

Gavish said, “As I led the management of cybersecurity products at Google Cloud, I saw first-hand how businesses struggle to prevent unauthorized access to data stored in the cloud. It becomes more complex with SaaS applications serving all staff. Identity providers and zero trust solutions manage users. and secure remote access, but security / IT teams do not have an easy way to dynamically monitor and restrict access to data by former employees, private accounts, external vendors, customers or partners. organizations and increasing the likelihood of data breaches. DoControl solves one of the most complex operational challenges – monitoring and restricting data access to the wrong staff without slowing down business activation. We provide businesses with an effective platform to balance this operational equation through modern, frictionless automation and user experience. “

DoControl is already trusted by a wide range of organizations globally sharing millions of files, folders, repositories and other assets with more than 10,000 external companies. The latest round of funding will allow the company to double its R&D, sales and marketing teams and accelerate its global expansion while delivering a business-ready product that supports hundreds of customer feature requests. .

Posted by Globes, Israel Business News – en.globes.co.il – April 13, 2021

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