Dig Security raises $11 million in Seed funding for cloud data detection and response solution – CTech

Cloud data security startup Dig Security announced on Thursday that it has raised $11 million in Seed funding for its cloud Data Detection and Response (DDR) solution. The Seed round was led by Team8, with cybersecurity firms CrowdStrike, through their Falcon Fund, and CyberArk joining as strategic investors alongside Merlin Ventures. Angel investors include Tom Killalea (Chairman of MongoDB), Jeff Fagnan (Carbon Black, Veracode), Nir Polak (Founder of Exabeam), Ori Fragman (CISO Europe of Ahold Delhaize) and Nitzan Shapira (Founder of Epsagon).

Dig Security helps organizations discover, monitor, detect, protect, and govern their cloud data in real time through a single unified policy engine.

Dig was founded in 2021 by Dan Benjamin, Ido Azran and Gad Akuka, three veteran entrepreneurs who’ve previously founded successful companies that were acquired by major firms. They also gained experience at tech giants including Google and Microsoft.

The company currently employs 30 people and intends to significantly increase its workforce by the end of the year.

Dig gives organizations complete control over their cloud data, providing real-time Data Detection and Response (DDR). Using one of the industry’s most comprehensive threat models for cloud data attacks, Dig detects, analyzes and responds instantly to threats to cloud data, triggering alerts on suspicious or anomalous activity, stopping attacks, exfiltrations and employee data misuse.

The solution discovers all data assets across public clouds and brings context to how they are used. It also tracks whether each data source supports compliance like SOC2 and HIPAA.

“I’ve spoken to more than a hundred CISOs and hear the same complaints over and over”, said Dan Benjamin, CEO and co-founder of Dig. “Companies don’t know what data they hold in the cloud, where it is, or — most importantly — how to protect it. They have tools to protect endpoints, networks, APIs… but nothing to actively secure their data in public clouds.”


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