– USA, CA – Open Raven, the cloud-native data security platform that prevents breaches driven by modern speed and sprawl, today announced that it raised $15 million Series A investment led by Kleiner Perkins with participation from existing investors including Upfront Ventures. This investment brings the total funding to $19.1 million and will be used to accelerate the growth through expansion of key functions including engineering, customer support, sales and marketing.
As part of the financing, Bucky Moore, partner at Kleiner Perkins, joins the Open Raven board of directors.
“Today’s data security problem bears little resemblance to the historical challenges that drove the creation of the last generation of products,” said Bucky Moore. “Unlike legacy solutions like DLP and CASB, Open Raven solves for modern complexity with a platform purpose-built for the massive data exposure issue.”
Now generally available, Open Raven Community Edition delivers real-time data leak monitoring to proactively uncover cloud data exposure problems before they become security incidents. The platform identifies at-risk data, locates unknown data and shows every AWS account and asset from every angle in a global 3D map, making it easy for security teams to see and prevent data mishaps and maintain compliance. Open Raven is designed to fit seamlessly into an enterprise’s environment and deploys into its cloud with direct access to the data model via GraphQL.
“The transition to the cloud and out of physical data centers means that data stores change more quickly than ever before – leaving numerous unanswered questions,” said Dave Cole, co-founder and CEO. “Security and cloud infrastructure teams are wondering, ‘what AWS accounts don’t we know about?’ ‘Is there any data at risk right now?’ ‘Is our PII where we expect it to be?’ Answering these fundamental questions can be painstaking. We’re giving organizations the ability to take charge of their data and explore their environments from any angle in order to truly understand their risk of cloud data breaches.”
Since emerging from stealth in February 2020, the preview edition of the Open Raven platform has been deployed at numerous global organizations across industries, including automotive, gaming, financial technology and software. Security leaders at these organizations helped the Open Raven team tune the platform to meet enterprises’ modern cloud data security needs.
“Many organizations believe they have a solid handle on their valuable cloud data assets, but security teams need a better vantage point to monitor unknown and unprotected data stores to ensure they understand areas of exposure,” said Justin Dolly, CSO at Sauce Labs. “Open Raven turns complex AWS environments into intuitive visualizations that are both polished and functional – something that’s been lacking in cloud security products we’ve seen to date.”
About Open Raven
Open Raven is the cloud-native data security platform that prevents breaches driven by modern speed and sprawl. With real-time monitoring, the platform maps all cloud data stores, identifies the data within, pinpoints the most significant exposures and enables teams to fix them before they become security incidents. From shadow cloud accounts to dark data, Open Raven restores visibility and control while laying the foundation for compliance and privacy efforts.
For more information: https://www.openraven.com/
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