Avalor, a Tel Aviv, Israel-based cybersecurity company focused on data management, raised $30M in total funding.
A $25M Series A round was led by TCV, with participation from Salesforce Ventures. A $5M Seed round was led by Cyberstarts, with participation form Jibe Ventures.
The company intends to use the funds to expand operations, hiring for R&D, Product and Solution, Sales, Marketing, and Customer Success.
Co-founded by Raanan Raz and Kfir Tishbi, Avalor provides a Data Fabric for Security, enabling teams to make decisions by making sense of their data.
The company integrates disparate data sources from legacy systems, data lakes, data warehouses, SQL databases, applications or any source of data, providing a holistic view of business performance. With the platform, security teams are able to:
- Prioritize risks – Conduct analysis across an organization’s entire data surface, not just security data.
- Align with business goals – Identify and communicate vulnerability remediation priorities with business context and KPIs.
- Analyze complete, accurate, and precise data – Quickly and accurately respond to questions from the business using data from across the organization.
- Empower stakeholders – Provide real-time transparency into data sources with labeling and lineage for the security team and internal partners.
Avalor is launching the first application powered by its security data fabric – a dedicated solution for vulnerability risk management and prioritization. Among the application’s primary benefits, security teams can now access:
- Automatically aggregated, normalized, and de-duplicated risk data from discovery to remediation.
- A single source of truth for assets, controls, identities, vulnerabilities, security bugs, and other related data points.
FinSMEs
19/04/2023