Adaptive Shield lands $30M Series A to build out its SaaS security platform

Adaptive Shield lands $30M Series A to build out its SaaS security platform

2 years ago
Anonymous $BH0TGXkyPe

https://techcrunch.com/2021/10/05/adaptive-shield-lands-30m-series-a-to-build-out-its-saas-security-platform/

Adaptive Shield, a Tel Aviv-based startup that automates the security of software-as-a-service (SaaS) applications, has secured $30 million in Series A funding led by Insight Partners.

The funding round, which also saw participation from Okta Ventures and existing investor Vertex Ventures Israel, follows a $4 million seed round in 2019. The company tells TechCrunch it will use this latest investment to further accelerate growth through product innovation and global expansion, as well as to build out its research and development, customer success, and sales teams.