Grip Security Receives Investment from The Syndicate Group

grip security

Grip Security, a Boston, MA and Tel Aviv, Israel-based SaaS security company unifying discovery, access control and data governance, received an investment from The Syndicate Group.

The amount of the deal was not disclosed.

The company intends to use the funds to accelerate its channel-led growth strategy. Driven largely by growth in the channel, Grip Security expects to triple its bookings from the previous fiscal year.

Led by CEO Lior Yaari, Grip provides a SaaS Security Control Plane solution that helps companies discover, prioritize, secure and orchestrate compliance and risk management for all SaaS regardless of the device. The system unifies control points, telemetry, analytics and operations so companies can embrace a business-led IT strategy safely and securely. It purpose-built platform leverages existing infrastructure and is designed to simplify SaaS security operations with built-in, out-of-the-box automation that makes this possible.