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Israeli startup Candy Safety raises $33M to strengthen cloud safety operations

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Israeli cloud safety startup Candy Safety Applied sciences Ltd. in the present day introduced that it has raised $33 million in new funding to scale up its operations within the U.S. and develop its platform.

Candy Safety affords a platform designed to help safety groups in shutting down cloud assaults when and the place they happen with minimal enterprise disruption. The corporate’s Cloud Runtime Safety Suite helps chief data safety officers and safety groups degree up their cloud safety with sturdy defenses throughout all phases of an assault.

The corporate’s suite consists of detection, response, discovery and prevention, all in runtime, with the runtime sensor mentioned to take underneath 5 minutes to deploy. As soon as up and working, the suite offers cloud-native cluster visibility, streaming important software information and enterprise logic to profile workload conduct anomalies and contextualize them with conventional ways, strategies and procedures.

The Candy Safety suite makes use of a contemporary assault detection mannequin and auto-learning know-how to ship important, complete assault findings for mitigation earlier than, throughout and after assaults happen. The outcomes give CISOs the technical underpinnings wanted to be accountable for cloud safety.

Since launching in 2023, Candy Safety has grown strongly, doubling its headcount and signing up dozens of recent clients.

The corporate was based by retired Brigadier Common Dror Kashti, former chief data safety officer of the Israel Protection Forces, retired Colonel Eyal Fisher, former head of the Cyber Division at Unit 8200, and Orel Ben-Ishay, former head of the cybersecurity analysis and improvement middle at Unit 81.

Evolution Fairness Companions LLC led the Sequence A spherical, with Munich Re Ventures LLC and Glilot Capital Companions LP additionally collaborating.

“Candy’s answer shifts cloud safety proper,” mentioned Yuval Ben-Itzhak, common accomplice at Evolution Fairness Companions. “Owing to its revolutionary behavior-based safety know-how that elements in functions, networks and identities, the Candy platform unifies threat discount throughout cloud use circumstances.”

Candy Safety had beforehand raised $12 million in seed funding in August 2023. Earlier traders included CyberArk Ventures LLC, Gerhard Eschelbeck, former CISO at Google and Travis McPeak, who led product safety at Databricks Inc.

Picture: Candy Safety

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