Theom Raises $16M in Seed Funding

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Theom, a San Francisco, CA-based data security company, raised $16M in Seed funding.

The round was led by Ridge Ventures, along with M12.

The company intend sto use the funds to expand its cloud data security solution.

Led by CEO Navindra Yadav, Theom is a data security company that protects data in the cloud. It identifies high-value data, prioritizes risks to data based on the impact on the business, and ensures security controls always follow the data whether it is stored, moved, copied or transacted. Theom addresses Data Security Posture Management (DSPM) and Data Detection and Response (DDR) markets.

Theom enables organizations to gain intelligence about the risks to high-value data and ensure existing security controls are properly armed to prevent data breaches by:

  • Providing security intelligence for data at rest and in motion: Theom allows customers to gain an inventory of all data inside cloud and SaaS stores, APIs and message queues. It identifies high-value data including personal identifiable information (PII), protected health information (PHI), trade secrets, financial information and custom data entities.
  • Prioritizing cloud security risks based on potential for exposure of sensitive data: Theom automatically understands the content and criticality of data assets, including the financial value of data. It prioritizes risks to data based on the impact on the business, including risks arising from over-provisioned and atypical accesses. It enables enterprises to enforce least privilege access to data inside cloud stores.
  • Preventing data breaches with controls that follow the data: With Theom, data security, assurance, and compliance controls follow the data. Risks are quickly mitigated with guided remediations. The system monitors the data with guardrails that are kept up to date with industry best practices and threat intelligence on recent breaches and cloud ransomware.

FinSMEs

13/09/2022