Ermetic, a cloud security startup, recently closed a $70 million funding round to help companies reduce the risk of data breaches, protect against data exfiltration and improve overall security posture.
The Platform leverages artificial intelligence and automated machine learning to continuously monitor and assess risk as companies move to the cloud, enabling them to quickly mitigate any potential threats in real-time.
This article will look at Ermetic’s Platform and how it can help companies reduce data security risks.
Overview of Ermetic
Cloud security startup Ermetic recently completed a successful funding round of $70 million, signaling increasing interest in cloud-based secure data management. Ermetic provides its customers with an innovative platform that helps companies better understand, monitor, and regulate access to all their sensitive data.
Ermetic is a powerful and versatile tool that works across the full spectrum of cloud services and vendors, including Amazon Web Services (AWS), Microsoft Azure, Google Cloud Platform (GCP), Oracle Cloud Infrastructure (OCI) and more. It helps organizations identify potential threats while providing powerful insights into how their infrastructure interacts with different users. This level of control allows companies to prevent unauthorized access to confidential data as well as take proactive measures to manage it securely.
The Platform uses patented artificial intelligence algorithms powered by machine learning to identify anomalies or unexpected behavior related to user access control policies across their cloud environment. Ermetic also provides regular reports on activities related to user accounts, access requests, profile changes, authentication attempts and more. Furthermore, organizations can leverage the software’s robust tools to easily create customized policies governing user access rights. By setting up security rules designed specifically for their environment, organizations can rest assured that their sensitive data is being handled with the utmost care and accuracy.
Cloud security startup Ermetic closes $70M funding round
On June 10th, 2020 Cloud security startup Ermetic revealed that it completed a $70 million Series D funding round led by Wellington Management Co. Other financial investors include DEVCAP, Hillsven Capital and K1 Investment Management. With this round of funding, Ermetic has raised more than $110 million since the company was founded in 2015.
The new funds will support Ermetic’s technology development, including further development of its data security platform. It leverages AI and machine learning to allow organizations to identify gaps in their cloud security architecture and implement measures to protect sensitive data assets. Co-founder John Eyen commented “Organizations need better visibility into their cloud security posture and greater control over their cloud environment as they migrate tools and applications off-premise into public cloud infrastructures.”
With forthcoming General Data Protection Regulation (GDPR) reforms resulting from the European Union’s recent move to strengthen data protection laws worldwide, companies working with or collecting data from EU citizens will be required to maintain stronger control over access to sensitive user information. This makes it even more important for companies to use comprehensive platforms like Ermetic to ensure that access is governed securely and compliance is maintained.
The new investments will also help accelerate the company’s global expansion plans and enhance research & development projects at its Palo Alto office and other locations worldwide.
Ermetic’s Platform
Ermetic is a cloud security startup that provides data security services for businesses. Recently, the company closed a Series B funding round for $70 million.
Ermetic’s Platform provides companies with the tools necessary to mitigate data security risks and ensure the security of their cloud infrastructure.
In this article, we’ll look at Ermetic’s Platform, its features, and how it can help companies protect their data.
Overview of Ermetic’s Platform
Ermetic is a cloud security startup that provides comprehensive risk management and compliance solutions for customers in the public and private sectors. Their Platform enables customers to easily detect potential data security risks, track critical infrastructure and collaboratively manage their security posture.
The Platform provides real-time insights into potential threats and vulnerabilities in existing systems, so that customers can quickly close any gaps in their data security practices. It also allows customers to review their existing control processes and policies, so they know what safeguards are currently in place and which they must strengthen or implement to protect their system from future attacks.
Ermetic’s Platform also offers audit tracking services which allow companies to maintain an up-to-date record of internal controls and external requirements such as regulations, industry best practices, or contractual obligations. In addition, Ermetic enables customers to build efficient incident response plans designed specifically for the company’s operational set-up.
Finally, Ermetic helps organizations create a secure environment for governance by providing centralized dashboards that clearly illustrate all relevant compliance activities such as logins from privileged users or transactions from non-authorized accounts. The dashboard also helps customers keep up with emerging security threats which may bypass traditional firewalls or antivirus software.
How Ermetic’s Platform helps companies mitigate data security risks
Cloud security startup Ermetic has closed a $70 million funding round, making it one of the most well-funded startups in its space. The company provides a platform for organizations to secure and manage their cloud environments, intending to prevent data breaches and other cyber risks.
Ermetic’s Platform takes a holistic approach to mitigating data security risks by incorporating multiple layers of protection for all cloud services, including Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP). In addition, the Platform enables users to securely provision Identity and Access Management (IAM) roles at scale across their cloud services. It also provides automated vulnerability scanning for infrastructure-as-code sources such as Amazon EC2 instances, Kubernetes pods and containers, and more.
In addition to its core security offerings, Ermetic offers complementary services designed to meet various customer needs. For instance, customers can access real-time visibility into how user accounts are used within their clouds using Ermetic’s built-in analytics capabilities. This feature not only allows customers to track account usage patterns but also enables them to quickly detect suspicious user behavior before it can result in a breach.
The Platform also provides advanced tools that enable DevOps teams to integrate cybersecurity best practices into their development process without slowing down innovation. This ensures that any group leveraging the cloud can remain agile while protecting themselves from potential cyber threats.
By employing Ermetic’s Platform, teams can mitigate potential security risks and establish an effective defense-in-depth strategy for securing all their data in the cloud.
Benefits of Ermetic’s Platform
Cloud security startup Ermetic recently closed a $70 million funding round to further develop their Platform which helps companies mitigate data security risks.
Ermetic’s Platform offers a comprehensive suite of tools allowing customers to monitor and gain visibility into their cloud infrastructure.
In this article, we will look at the benefits of the Platform and how it can help businesses stay compliant with data protection laws and secure their data in the cloud.
Improved visibility into data access and activity
Cloud security startups like Ermetic are leading the charge in providing companies with increased visibility into the data they maintain across cloud, enterprise, and other lines of business. Ermetic alleviates security risks by giving organizations access to granular logs detailing user activity, including individuals or groups accessing what data to take corrective action.
With Ermetic’s Platform, companies can set up alerts and policies when abnormal activity is detected that point to potential risk. Ermetic also allows organizations to bring data gathered from multiple sources (including on premise systems) under one holistic view, allowing for better analytics that give visibility into user behavior across disparate platforms.
With a comprehensive solution like this, companies can monitor their compliance with established policies and adhere to changing regulations with fewer resources required for manual operations.
Automated security policies
Cloud security startup Ermetic is revolutionizing how organizations protect their data. Companies can quickly realize improved compliance and risk management through the Ermetic Platform and its integrated suite of automated security policies.
With cloud workloads and containers an ever-growing target for malicious actors, automated security policies can help organizations gain better visibility into their cloud environments and ensure data is kept safe and secure. Ermetic’s Platform provides a unique policy automation engine that allows users to quickly create, manage and monitor policies tailored to their specific environment. In addition, by defining customizable configurations and enforcing real-time alerting based on user-defined triggers, Ermetic offers a new level of control over potential cloud data threats.
The Ermetic Platform also provides advanced analytics, reporting dashboards that break down risk levels across different components of your organization’s cloud environment – from granular files to complete services – ensuring no detail goes unseen. As an added benefit, this comprehensive overview helps IT teams spot issues quickly for fast remediation or escalation when necessary. Through these specific functionalities, Ermetic’s innovative Platform helps companies maintain secure operations in both private and public clouds with real-time performance updates alongside proactive alerting capabilities that ensure threats are identified before they can cause disruptive effects on businesses.
Automated security alerts and notifications
Cloud security startup Ermetic’s Platform automatically detects and enforces security policies across cloud and hybrid environments. Its intuitive dashboards enable organizations to monitor, manage, and remediate security risks in real-time. In addition, continuously enforcing the customer’s predetermined rules helps ensure organizations are informed when a potential breach occurs, enabling swift action when needed.
The automated technology also offers prevention strategies that prohibit risky configurations, blocks unauthorized activities and creates custom alerts to bring suspicious behavior to light. These features support fast, reliable identification of changes before they become risks for breach or data loss incidents. With alert notifications, companies can quickly access information on the source of the alert or investigate any incident before a full-scale attack occurs.
Moreover, Ermetic’s Platform often automates common compliance requirements in industry regulations such as HIPAA or NIST 800-53. This ensures that all stakeholders are aware if there is any discrepancy with policies and take proper actions accordingly. Additionally, its Compliance Score translates organizational policies into actionable events – helping organizations identify weaknesses that could lead to compliance violations quickly & reliably. This aids in achieving business objectives faster by eliminating the need for manual checkups regularly while lessening error-prone analysis and providing reliable reports to management stakeholders with recommended adjustments tailored to their organization’s needs.
Conclusion
Regarding cloud security, Ermetic has shown that it can provide a comprehensive solution to protect companies’ critical data. The company’s Platform can proactively detect and mitigate potential security threats, helping organizations reduce risk and maintain a secure environment.
Furthermore, the successful $70M funding round has put the company in a favourable position to build its capabilities. All in all, Ermetic is a promising cloud security startup to watch.
Summary of Ermetic’s Platform
Ermetic is a cloud security startup that helps companies reduce risks associated with running cloud applications. Its Platform gives users insights about their public, private, and container deployments. Users can tailor their security settings to the requirements of their specific cloud environment.
The platform facilitates identity and access management (IAM) by highlighting suspicious activities and potential unauthorized actions. It also monitors compliance and security configurations to help companies stay within legal requirements while maintaining a secure infrastructure. Furthermore, it enables automated secure sandboxing, allowing users to deploy virtual environments that isolate confidential data within the same network.
In 2021, Ermetic closed a $70 million Series B funding round led by ION Crossover Partners, one of the largest rounds in the European SaaS industry history. This funding is expected to help accelerate the companies growth and development of its platform technology. With this added capital, Ermetic plans to expand its customer base globally and provide more solutions for enterprise-level customers looking for reliable data security solutions.
Summary of the $70M funding round
On June 8th, 2021, Israeli cloud security startup Ermetic announced a $70 million Series C funding round led by Insight Partners. The company intends to use the funding to accelerate product development and expand its go-to-market efforts in the US and other markets.
The $70M round brings Ermetic’s total funding to over $100 million. Other high profile investors include Intel Capital and Microsoft Ventures. This investment highlights the growing demand for cloud security services, a market worth an estimated $20 billion by 2022.
Ermetic’s Platform helps companies mitigate data security risks in hybrid cloud environments, focusing on areas such as risk assessment & management, compliance auditing & enforcement and identity & access control. Its cloud security solution works across popular public clouds such as Amazon Web Services (AWS) and Microsoft Azure.
The company plans to use this fresh capital to expand its research & development team to create more advanced features for its customers and improve their overall user experience with the Platform. It also plans to invest further in sales & marketing efforts both domestically in Israel as well as globally through expansion into target markets including the US and Europe.
Ermetic is one of several leading startups working on innovative cloud security services for enterprise users. This latest round of funding will certainly help them continue their mission of pioneering intelligent identity management solutions for hybrid clouds that can not only help improve data protection but save organizations time, money, and effort required for compliance with various industry regulations as well.