PureSec, which is a Tel Aviv, Israel-based serverless security company, today in a report has announced that they have raised $7m in the funding round of series A.
The round which brought the total capital raised to date to $10m was led by some of the leading investor that is Square Peg Capital, with participation from previous investors TLV Partners and Entrée Capital. In conjunction with the funding, Square Peg Capital’s Dan Krasnostein will join the board.
The startup which is founded in the year 2016 by Shaked Zin, CEO, PureSec provides a security solution which enables organizations to build secure serverless applications and protect them in real-time. The company has also announced the release of a free-tier plan enabling organizations starting their adoption of serverless architectures to freely implement security early on.
“We're on a mission to protect each and every serverless application out there,” said Shaked Zin, PureSec Co-founder and CEO. “Transitioning to serverless can reduce the future attack surface of your organization to a bare minimum. With the cloud provider's experts making sure your infrastructure is secure, and with the right Serverless Security Platform to protect the application layer, your serverless application could be the most secure application you've ever built”.
Launched in 2016, PureSec is an AWS Lambda security advanced technology partner and part of the exclusive Microsoft ScaleUp program . It currently has 12 employees in Tel Aviv and serves numerous Fortune 1000 companies, apart from that some of the emerging startups in the US, Canada, the United Kingdom, Australia and Israel.
“PureSec is pioneering the serverless security industry and is poised to become the gold standard for securing serverless applications,” said Dan Krasnostein. “With many organizations adopting cloud-native serverless platforms, application security and visibility rank among the most critical hurdles for mass adoption. The PureSec team has accomplished impressive goals in 2018 – it positioned itself as the clear leader in serverless security, raising awareness and educating the industry about the security risks and challenges that organizations must consider when adopting serverless, it launched the world's first Serverless Security Platform, acquired new customers, and forged strong partnerships with the leading serverless providers. Square Peg Capital looks forward to helping PureSec scale up its business and attain the next phase of growth.”
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