23 SaaS Startups in the Cloud Security Industry

January 24, 2023

SaaS startups have become the darling of Venture Capital investors, especially in the Cloud Security industry. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.

In this article, we are examining 23 VC funded SaaS startups in the Cloud Security industry.

Baffle

Without affecting the user experience, Baffle protects data in the cloud and when shared throughout the whole analytics pipeline. Only the Baffle Data Protection Service, which has been tested in large-scale environments, de-identifies sensitive data without requiring application changes, enabling businesses to responsibly move more data, more quickly, to the cloud for privacy-preserving analytics in artificial intelligence (AI) and machine learning (ML).

Company details:
Founders:
Ameesh Divatia, Priyadarshan Kolte
Founded:
2015
Based in:
Santa Clara, California, United States
Website:
Baffle
Industries:
Analytics, Artificial Intelligence, Cloud Security, Content, Cyber Security, Enterprise Applications, Machine Learning, Privacy, SaaS, Security
Latest funding:
$20,000,000
Series B
16 August 2021
Total funding:
$36,500,000
Investors
Alumni Ventures, Industry Ventures, Celesta Capital, Engineering Capital, Thomvest Ventures

BitTitan

Through automation, BitTitan equips IT service professionals to successfully implement and maintain cloud technologies. While MSPComplete® is an IT services automation and management platform, MigrationWiz® is the market-leading SaaS solution for mailbox, document, and public-folder migrations between a variety of Sources and Destinations. MSPComplete® enables IT professionals to implement one-click automation for all of their service delivery needs. Since 2009, BitTitan has helped 36,000 clients in 187 countries shift over 13 million people to the cloud. It also supports the industry's top cloud ecosystems, including those from Microsoft, Amazon, Google, and Dropbox.

Company details:
Founders:
Dominic Pouzin, Geeman Yip
Founded:
2007
Based in:
Bellevue, Washington, United States
Website:
BitTitan
Industries:
Cloud Data Services, Cloud Management, Cloud Security, Information Technology, SaaS, Software
Latest funding:
$30,969,823
Series C
15 June 2021
Total funding:
$45,969,823
Investors
Tao Capital Partners, Vistara Capital Partners, TVC Capital

Borneo

Borneo is a real-time data security and privacy observability platform that handles privacy compliance for hyper-growth businesses and guards against data breaches. The platform offers constant monitoring, categorization, and protection of your cloud data footprint for sensitive data. Borneo was established in 2019 and has its headquarters there.

Company details:
Founders:
Prithvi Rai
Founded:
2019
Based in:
Singapore, Central Region, Singapore
Website:
Borneo
Industries:
Cloud Infrastructure, Cloud Security, Cyber Security, SaaS, Security
Latest funding:
$18,000,000
Series A
6 September 2021
Total funding:
$18,000,000
Investors
Prosus Ventures, Wavemaker Partners, Vulcan Capital, Lytical Ventures

CoreStack Inc

Enterprises can establish continuous and autonomous cloud governance using CoreStack, which enables them to speed up innovation and provide predictable results. The business automates cloud operations and guarantees compliance. Many multinational corporations currently utilize the cloud-native, multi-cloud compliance technology from CoreStack. Many top global companies now operate across a variety of sectors using it. With its corporate headquarters in Bellevue, Washington, CoreStack was established in 2016.

Company details:
Founders:
Ezhilarasan Natarajan, Krishnakumar Narayanan, Rathinasabapathy Arumugam, Thiruvalluvar NB, Venkatesh Perumal
Founded:
2016
Based in:
Bellevue, Washington, United States
Industries:
Cloud Computing, Cloud Infrastructure, Cloud Management, Cloud Security, SaaS, Software
Latest funding:
$30,000,000
Series B
24 November 2021
Total funding:
$45,708,000
Investors
Dallas Venture Capital, Iron Pillar, Z5 Capital, Avatar Growth Capital

CyCognito

CyCognito is a ground-breaking new strategy for managing external cyber risk that is intended to have a positive influence on company. Our software assists enterprises in profoundly innovative ways to detect, analyze, and master their risk, going well beyond external attack surface management. Our platform employs cutting-edge machine learning and natural language processing to provide previously unheard-of reach, speed, and accuracy. It is fully automated, incredibly scalable, and built to work as promised. We are able to put ourselves in the attackers' shoes, which makes it easier for us to spot and close holes than anybody else. We assist teams in reducing their attack surface by assisting them in identifying real dangers, key areas for emphasis, and appropriate investment strategies. Then, for the first time ever, we use what we have learned to span departments in the repair of cyber risk.

Company details:
Founders:
Dima Potekhin, Rob Gurzeev
Founded:
2017
Based in:
Palo Alto, California, United States
Website:
CyCognito
Industries:
Cloud Security, Cyber Security, Information Technology, Network Security, SaaS
Latest funding:
$100,000,000
Series C
1 December 2021
Total funding:
$153,000,000
Investors
Accel, Lightspeed Venture Partners, The Westly Group, Sorenson Capital, UpWest

Cyral

For the Data Cloud, Cyral provides visibility, management, and security. Without affecting performance or scalability, it has created a lightweight service to intercept all requests from all apps, tools, and users to any structured or semi-structured data repository. It supports businesses with governance, segmentation, and assurance of their cloud-based data services. The Identity Federation and Zero Trust - unified data access control for all data repositories utilizing your existing identity provider — are advantages for enterprises employing Cyral. Using BI tools and applications, locate people hiding behind shared service credentials. simplify processes for breaking glass and approving privileged access; Implement least privilege and segregation of roles across all of your users and data repositories using data segmentation. Logic and configuration mistakes shouldn't cause data to leak from one application tenant to another. without needing apps to be changed, protect data from exfiltration; and Data Activity Monitoring: This service provides a thorough, real-time activity trail of all data accesses, broken down by underlying user or tenant, and it keeps track of who did what. Accelerate forensic investigations and audits, solve performance problems more quickly, and streamline compliance checks.

Company details:
Founders:
Manav Mital, Srini Vadlamani
Founded:
2018
Based in:
Redwood City, California, United States
Website:
Cyral
Industries:
Cloud Data Services, Cloud Security, SaaS
Latest funding:
$26,000,000
Series B
13 May 2021
Total funding:
$41,100,000
Investors
Costanoa Ventures, Redpoint, A.Capital Ventures, SV Angel, Firebolt Ventures

Druva

Data management and protection are provided by DruvaTM for the cloud era. The AWS-based Druva Cloud Platform provides business data resilience that is globally accessible, endlessly scalable, and wholly autonomous. By relieving themselves of the burden of unneeded hardware, capacity planning, and software administration, customers may save expenditures by up to 50%. By turning backup data into an asset that is more open and accessible thanks to Druva's proprietary cloud architecture, users can streamline governance, boost cyber resiliency, and obtain crucial insights that help them find opportunities and hasten decision-making.

Company details:
Founders:
Jaspreet Singh, Milind Borate, Ramani Kothandaraman
Founded:
2008
Based in:
Sunnyvale, California, United States
Website:
Druva
Industries:
Cloud Data Services, Cloud Security, Compliance, Data Storage, Enterprise Software, SaaS, Software
Latest funding:
$147,000,000
Series H
19 April 2021
Total funding:
$475,000,000
Investors
Hercules Capital, Neuberger Berman Group, Viking Global Investors, Sequoia Capital India, Nexus Venture Partners

Ermetic

By minimizing the attack surface of cloud infrastructure and enforcing least privilege at scale in the most complicated situations, Ermetic aids in the prevention of breaches. Cloud infrastructure entitlements management (CIEM) and cloud security posture management are both included in the Ermetic SaaS platform's complete cloud security for AWS, Azure, and GCP (CSPM). The business is run by successful technology entrepreneurs, whose prior businesses were bought by corporations like Microsoft, Palo Alto Networks, and others. Accel, Forgepoint, Glilot Capital Partners, Norwest Venture Partners, Qumra Capital, and Target Global have all provided money to Ermetic. Visit our website at https://ermetic.com and connect with us on Facebook, Twitter, and LinkedIn.

Company details:
Founders:
Arick Goomanovsky, Michael Dolinsky, Shai Morag, Sivan Krigsman
Founded:
2019
Based in:
Palo Alto, California, United States
Website:
Ermetic
Industries:
Cloud Computing, Cloud Management, Cloud Security, Cyber Security, Identity Management, SaaS
Latest funding:
$70,000,000
Series B
15 December 2021
Total funding:
$97,250,000
Investors
Norwest Venture Partners, Accel, Forgepoint Capital, Target Global, Qumra Capital

Illumio

Illumio is a cloud security business that use adaptive segmentation to block cyberthreats from illegal communications. This data center and cloud security firm is run by seasoned professionals with extensive virtualization, networking, and security experience who formerly worked for market giants including VMware, Cisco, Juniper, McAfee, and Nicira. It was founded in 2013 and has its corporate office in Sunnyvale, California.

Company details:
Founders:
Andrew Rubin, PJ Kirner
Founded:
2013
Based in:
Sunnyvale, California, United States
Website:
Illumio
Industries:
Cloud Security, Cyber Security, Data Center, SaaS, Security
Latest funding:
$225,000,000
Series F
24 June 2021
Total funding:
$557,500,000
Investors
Andreessen Horowitz, Juniper Networks, General Catalyst, Accel, BlackRock

Kolide

The main SaaS offering from Kolide was designed from the bottom up to help businesses follow the principles of Honest Security while achieving their compliance and security objectives. Kolide enables teams to provide their organization's security advice on Slack so it is most effective for an end-user, as opposed to shutting down equipment. Kolide secures devices through Slack for more than 250 clients, offering millions of individualized security and compliance suggestions for their Linux, Mac, and Windows devices. Visit https://www.kolide.com/ to discover more.

Company details:
Founders:
Jason Meller, Mike Arpaia, Zach Wasserman
Founded:
2016
Based in:
Boston, Massachusetts, United States
Website:
Kolide
Industries:
Cloud Security, Cyber Security, Enterprise Software, Information Technology, SaaS, Software
Latest funding:
$17,000,000
Series B
16 September 2021
Total funding:
$26,600,000
Investors
Matrix Partners, OpenView

Netography

In the security industry, Netography® has developed the first network-centric platform that restores capabilities that have been destroyed by the combined effects of encryption and atomized networks. Increased stay time and more attackers utilizing the gaps between the capabilities of an organization's other technologies and the segregated operations teams that manage them are the results of enterprises being functionally blind to the composition and activities of their networks. For teams in enterprise security operations centers (SOC) and cloud operations that require scalable, continuous network visibility throughout the Atomized Network, including environments in legacy, on-premises, hybrid, multi-cloud, and edge, there is Netography Fusion®. These teams can see what users, applications, data, and devices are doing and experiencing thanks to the Netography Fusion platform, which gives them visibility and control over network traffic and context across people, applications, data, and devices. Security for the Atomized Network® is solely provided by Netography. Some of the top venture capital firms in the world, including Bessemer Venture Partners, SYN Ventures, A16Z, and others, support Netography, which is based in Annapolis, Maryland. Visit netography.com for additional details.

Company details:
Founders:
Barrett Lyon, Dan Murphy
Founded:
2018
Based in:
Annapolis, Maryland, United States
Website:
Netography
Industries:
Cloud Security, Cyber Security, Information Technology, Network Security, SaaS, Security
Latest funding:
$45,000,000
Series A
15 November 2021
Total funding:
$47,600,000
Investors
Andreessen Horowitz, Bessemer Venture Partners, Wing Venture Capital, Harpoon, Mango Capital

nOps

A cloud management tool (SaaS) for AWS is called nOps. In addition to instant visibility to AWS infrastructure changes and automation of AWS Well-Architected Reviews, this service enables change management, painless compliance and security audits, and workflow automation with the help of the AWS Service Catalog. These features all contribute to continuous cost and resource optimization. nOps is an AWS Marketplace Seller as well as an Advanced Technology Partner in the AWS Partner Network. nOps and finOps: Only the savings are subject to a fee. Reduced cloud waste continuously - Optimization of Continuous Container clusters - Continuous RI management can save costs by up to 40% compared to on-demand resources. Spot Orchestrator will be less expensive than on-demand resources. The majority of businesses lack the resources necessary to concentrate on cutting cloud costs. Your ML-enabled FinOps team is nOps. nOps allows you execute workloads on spot instances, handle reservations automatically, and optimize your containers in addition to reducing cloud waste. Data-driven automation underpins everything.

Company details:
Founders:
JT Giri, Sumit Gupta
Founded:
2015
Based in:
San Francisco, California, United States
Website:
nOps
Industries:
Cloud Computing, Cloud Infrastructure, Cloud Security, Compliance, SaaS, Software
Latest funding:
$3,097,000
Seed
18 January 2022
Total funding:
$5,397,000
Investors
Gaingels, Golden Gate Ventures, Mana Ventures, H. Barton Co-Invest Fund, ROBO Global

NTRINSEC

In order to meet the difficult difficulties in the identity and secrets management arena, Ntrinsec offers cloud automation tools. The company's platform is intended to eliminate key compromise, which is increasingly a major factor in organizational data breaches.

Company details:
Founders:
Cam Williams
Founded:
2020
Based in:
Littleton, Colorado, United States
Website:
NTRINSEC
Industries:
Cloud Security, Network Security, Risk Management, SaaS
Latest funding:
$2,500,000
Seed
29 June 2021
Total funding:
$2,500,000
Investors
DataTribe

Orca Security

AWS Security, Microsoft Azure Security, Google Cloud Platform Security, Cloud Security, Cloud Compliance, and Vulnerability Management. A company's cloud setup is read by Orca's cloud-native solution, which can find malware, incorrect settings, and other vulnerabilities. Its main office is in Los Angeles, California, and it was created in 2019.

Company details:
Founders:
Avi Shua, Ety Spiegel Hubara, Gil Geron, Hadas Amitay, Liran Antebi, Matan Ben-Gur, Shay Filosof, Wagde Zabit
Founded:
2019
Based in:
Portland, Oregon, United States
Industries:
Cloud Security, Compliance, Cyber Security, Information Technology, SaaS
Latest funding:
$340,000,000
Series C
5 October 2021
Total funding:
$632,000,000
Investors
Temasek Holdings, GGV Capital, Redpoint, Adams Street Partners, ICONIQ Growth

OwnBackup

OwnBackup is a provider of cloud data protection and backup system for companies using Salesforce. The cloud-to-cloud backup and restore vendor, provides secure, automated, daily backups of SaaS and PaaS data, as well as data to compare and restore tools for disaster recovery. It helps more than 2,000 businesses protect critical cloud data, OwnBackup covers data loss and corruption caused by human errors, malicious intent, integration errors, and rogue applications. Built for security and privacy, OwnBackup exceeds the General Data Protection Regulation (GDPR) requirements for backed-up data. Co-founded by seasoned data-recovery, data-protection, and information-security experts, OwnBackup is a top-rated backup and restore ISV on Salesforce AppExchange and was awarded the Salesforce Appy Award in 2018.

Company details:
Founders:
Ariel Berkman, Daniel Gershuni, Eran Cohen, Ori Yankelev, Sam Gutmann
Founded:
2012
Based in:
Englewood Cliffs, New Jersey, United States
Website:
OwnBackup
Industries:
Cloud Computing, Cloud Security, Data Storage, Enterprise Software, SaaS
Latest funding:
$240,000,000
Series E
10 August 2021
Total funding:
$507,250,000
Investors
Tiger Global Management, Insight Partners, Vertex Ventures, Sapphire Ventures, Salesforce Ventures

Perimeter 81

Perimeter 81 provides secure access to local network, applications and cloud infrastructures with one unified platform. By transforming the outdated, hardware-based security appliances into a cloud-based SaaS solution, we are simplifying network security for the modern and distributed workforce.

Company details:
Founders:
Amit Bareket, Sagi Gidali
Founded:
2018
Based in:
Tel Aviv, Tel Aviv, Israel
Website:
Perimeter 81
Industries:
Cloud Security, Cyber Security, Network Security, SaaS
Latest funding:
$100,000,000
Series C
5 June 2022
Total funding:
$165,000,000
Investors
Insight Partners, Toba Capital, SonicWALL, ION Crossover Partners, B Capital Group

Privacera

Privacera is a SaaS data security and governance platform that enable data sharing without compromising regulatory compliance. It provides security for sensitive data across multiple cloud services such as AWS, Azure, Databricks, GCP, and Snowflake. The platform is utilized by Fortune 500 customers across finance, insurance, retail, media, and consumer industries to automate sensitive data discovery and easily manage high-fidelity policy management at a petabyte-scale on-prem and in the cloud. Privacera's backer includes Insight Partners, Sapphire Ventures, Battery Ventures, Accel, Cervin Ventures, and Point 72 Ventures. The San Francisco, California-headquartered company was established in 2016 by Balaji Ganesan and Don Bosco Durai.

Company details:
Founders:
Balaji Ganesan, Don Bosco Durai
Founded:
2016
Based in:
San Francisco, California, United States
Website:
Privacera
Industries:
Big Data, Cloud Security, Compliance, Cyber Security, SaaS
Latest funding:
$50,000,000
Series B
9 March 2021
Total funding:
$67,300,000
Investors
Alchemist Accelerator, Accel, Insight Partners, Point72 Ventures, Sapphire Ventures

RAPIDFORT

RapidFort is a cloud-native cybersecurity company that helps clients optimize and secure their cloud workloads automatically. The company provides organizations with a platform to continuously monitor and minimize their software attack surface. An immediate benefit of RAPIDFORT’s solution is that, even before the workload arrives for production deployment, there is a clear understanding of which packages and vulnerabilities are in use by the workload, reducing vulnerability remediation and patch management backlog by 80% on average.

Company details:
Founders:
Mehran Farimani, Rajeev Thakur
Founded:
2019
Based in:
Sunnyvale, California, United States
Website:
RAPIDFORT
Industries:
Cloud Management, Cloud Security, Cyber Security, Information Technology, SaaS, Software
Latest funding:
$8,500,000
Seed
16 June 2022
Total funding:
$10,750,000
Investors
Plug and Play, Global Founders Capital, Forgepoint Capital, Felicis Ventures, Bloomberg Beta

Rezilion

Why choose between security and speed when you may have both? Enhance your team's vulnerability management strategy with Rezilion to do rid of manual security bottlenecks and enable teams to operate safely and efficiently. How it functions Rezilion adds runtime visibility to the results of SCA, SAST, container, and infrastructure scans. This quick process results in a dynamic Software Bill of Materials (SBOM) for both your development and production environments that gives you a complete picture of all the software components in your environment. Use Rezilion to: - Create a dynamic Software Bill of Materials (SBOM) to track, manage, and map out an ongoing inventory of all of your surroundings - Concentrate on your real attack surface while being aware of the vulnerabilities that are loaded into memory and therefore vulnerable and the ones that are not. - Reduce patching efforts by 70%, saving DevOps and Security teams tens of thousands of hours of manual labor and allowing them to become compliant more quickly. - Maintain release velocity by removing false positives and failing fewer builds. - Reduce remediation durations from months to days, ensuring that serious risks are addressed quickly and accurately. Starting out is simple: Rezilion integrates with a number of vulnerability scanners and continuous integration (CI) solutions to effortlessly fit into your existing DevOps process. Use Rezilion as an end-to-end vulnerability management solution by activating it via an agentless, one-click deployment method.

Company details:
Founders:
Carmel Yoeli, Liran Tancman, Shlomi Boutnaru
Founded:
2018
Based in:
Beersheba, HaDarom, Israel
Website:
Rezilion
Industries:
Cloud Security, Cyber Security, SaaS, Software
Latest funding:
$30,000,000
Series A
13 September 2021
Total funding:
$38,000,000
Investors
Samsung NEXT, Jerusalem Venture Partners (JVP), Kindred Capital, LocalGlobe, Guggenheim Investments

SecurityAdvisor

By utilizing and integrating with current technologies customers have already invested in, such as endpoint, cloud, email, or web security tools, SecurityAdvisor offers personalized, contextual, and real-time security awareness coaching to end-users. It also extracts context about the risks faced by each individual user from these tools. Its major goal is to produce measurable security outcomes, such as a decrease in the monthly endpoint infection rate or the average amount of spam or email-borne malware that high-risk users encounter, or a decrease in data leakage occurrences. By interacting with dangerous users and publishing a monthly outcomes and cyber risk reduction report, SecurityAdvisor accomplishes these results.

Company details:
Founders:
Rohan Puri, Sai Venkataraman, Santhosh Purathepparambil
Founded:
2018
Based in:
Sunnyvale, California, United States
Industries:
Cloud Security, Cyber Security, SaaS
Latest funding:
$7,300,000
Series A
2 February 2021
Total funding:
$7,300,000
Investors
SixThirty, ClearSky, Crosslink Capital, Cyber Mentor Fund

Sysdig

Sysdig is driving the standard for cloud and container security. The company pioneered cloud-native runtime threat detection and response by creating Falco and Sysdig as open source standards and key building blocks of the Sysdig platform. With the platform, teams can find and prioritize software vulnerabilities, detect and respond to threats, and manage cloud configurations, permissions and compliance. From containers and Kubernetes to cloud services, teams get a single view of risk from source to run, with no blind spots, no guesswork, no black boxes. The largest and most innovative companies around the world rely on Sysdig.

Company details:
Founders:
Loris Degioanni
Founded:
2013
Based in:
San Francisco, California, United States
Website:
Sysdig
Industries:
Cloud Computing, Cloud Security, Cyber Security, Open Source, SaaS, Security
Latest funding:
$350,000,000
Series G
15 December 2021
Total funding:
$729,500,000
Investors
Goldman Sachs, Accel, Insight Partners, Guggenheim Partners, Third Point Ventures

Valtix

Valtix makes network security for public cloud applications shockingly simple. Designed with a cloud-native approach, Valtix automatically discovers apps and enables admins to specify deep inspection policies within minutes. This DevOps-friendly approach empowers security teams to deploy an auto-scaling security service without incurring the costs and complexity of multiple WAF and NGFW vendor appliances.

Company details:
Founders:
Praveen Patnala, Vijay Chander, Vishal Jain
Founded:
2018
Based in:
Santa Clara, California, United States
Website:
Valtix
Industries:
Cloud Security, Cyber Security, Network Security, SaaS
Latest funding:
$12,500,000
Series A
21 January 2021
Total funding:
$26,500,000
Investors
Vertex Ventures, Wing Venture Capital, Trinity Ventures, Cisco Investments, Northgate Capital

Webscale

By overlaying software for performance, security, availability, and compliance atop a distributed global network that takes use of the cloud, automation, machine learning, and DevOps protocols to meet the demands of expanding companies, Webscale is powering contemporary commerce. Webscale streamlines the deployment and ongoing maintenance of storefronts, including headless and progressive web application infrastructure, across any self-hosted or fully hosted commerce cloud, with use cases spanning a number of e-commerce platforms and architectures. Webscale is used to power Fortune 1000 brands like Dollar General, Unilever, Swarovski, Olympus, Regal Cinemas, and thousands of other B2C, B2B, and B2E e-commerce storefronts across 12 countries. It is deployed in multi-cloud environments including Amazon Web Services, Google Cloud Platform, and Microsoft Azure. Bangalore, India, San Antonio, Texas, Boulder, Colorado, and London, UK are among the locations where Webscale has offices. Brands owned by Webscale Networks, Inc. include Webscale, CloudEDGE, and Webscale STRATUS. Visit the website at www.webscale.com for further details. Follow us on Facebook, Twitter, and LinkedIn.

Company details:
Founders:
Jay Smith, Robert Shires, Vladimir Shestak
Founded:
2012
Based in:
Santa Clara, California, United States
Website:
Webscale
Industries:
Analytics, Cloud Management, Cloud Security, E-Commerce, E-Commerce Platforms, SaaS, Software, Web Hosting
Latest funding:
$26,000,000
Series C
4 March 2021
Total funding:
$56,259,992
Investors
Silicon Valley Bank, Neythri Futures Fund, Mohr Davidow Ventures, Benhamou Global Ventures, Grotech Ventures

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