Grip Security Raises $6M in Seed Funding

Grip Security, a Tel Aviv, Israel-based SaaS security startup, raised $6m in seed funding.

The round was led by YL Ventures with participation from CrowdStrike CEO and Co-founder George Kurtz and seasoned cybersecurity executives including:

  • Andy Ellis, former CSO of Akamai; 
  • Michael Sutton, former CISO of Zscaler; 
  • Sounil Yu, former Chief Security Scientist at Bank of America; 
  • Omkhar Arasaratnam, former executive director, Data Protection Engineering at JPMorgan Chase; 
  • Sameer Sait, CISO at Amazon (Whole Foods); 
  • Adi Sharabani, former SVP & GM, Endpoint Solutions at Symantec; and
  • additional industry leaders. 

Founded by security veterans Lior Yaari (CEO), Idan Fast (CTO) and Alon Shenkler (VP R&D), Grip Security is offering a SaaS security solution, enabling organizations to discover and secure all SaaS applications, from any device and any location. 

The platform’s key capabilities include: 

  • Comprehensive SaaS application coverage and user manifest 
  • Historical visibility into SaaS application usage 
  • Insight into risk levels posed by SaaS applications 
  • Deep cross-organizational analysis of applications, users and activity 
  • Applying security policies across any application or device 
  • Protection against sensitive data flows out of your enterprise SaaS