Dig Security, a Tel Aviv, Israel-based cloud data security company, raised $34M in Series A funding.
The round, which brings its total funding to $45m, was led by SignalFire, with participation from Felicis, Okta Ventures, Nir Polak, Venture Partner at SignalFire and Founder and Chairman of the Board at Exabeam, Jack Huffard, and Team8. As part of today’s announcement, Nir Polak is joining Dig’s board of directors.
The company intends to use the funds to accelerate go-to-market efforts and deliver new enhancements that solve the difficult problem of securing cloud data.
Led by CEO Dan Benjamin, Dig provides a data security platform that combines data security posture management (DSPM), data loss prevention (DLP), and data detection and response (DDR) capabilities into a single platform. It provides real-time detection and response to threats against data to stop potential data breaches early in the kill chain, supports all cloud infrastructures, including AWS, Azure, and GCP, and popular data clouds like Snowflake and Databricks.
The customer base includes Fortune 500 companies, leaders in financial services, and business software and innovative SaaS-based technology companies across the U.S., Europe, and Israel.