Seemplicity Raises $32M in Funding

Seemplicity, a Tel Aviv, Israel-based provider of a risk reduction and productivity platform for modern security teams, raised $32m in funding.

The round was led by Glilot Capital Partners with participation from NTTVC, Atlantic Bridge, Rain Capital and S Capital. Renowned cyber security investors including René Bonvanie, Tom Banahan, Mark Smith, Elad Yoran, and Kevin Mahaffey also participated in the financing round.

The company intends to use the funds to accelerate growth and expand operations.

Founded by Yoran Sirkis, Ravid Circus, and Rotem Cohen Gadol, Seemplicity provides a platform for security teams to drive and scale risk reduction efforts across organizations by orchestrating, automating, and consolidating all remediation activities into one workspace. The productivity workflow platform can easily be utilized by developers, DevOps, and IT across the organization, helping them achieve complete operational resilience and establish a scalable security program.It aggregates, normalizes, and orchestrates findings from multiple siloed security tools to generate a single consistent security backlog. This enables security teams to build out and automate risk reduction workflows in the platform, streamlining handovers between teams and synchronizing all stakeholders, including developers, DevOps, and cloud engineers. By consolidating the data from cloud misconfiguration, vulnerability management, AppSec, penetration testing, API security, SaaS security, and other security tools into a unified platform, Seemplicity cuts out time wasted on manual operations and increases remediation throughput.

The company is already serving over 20 customers globally, including Fortune 500 and publicly traded companies.

FinSMEs

01/06/2022