$32 million was raised by Seemplicity, a Tel Aviv-based company, namely a provider of a productivity and risk reduction platform for modern security forces.
The round was led by Glilot Capital Partners with participation from NTTVC, Atlantic Bridge, Rain Capital and S Capital. Renowned cyber security investors including René Bonvanie, Tom Banahan, Mark Smith, Elad Yoran, and Kevin Mahaffey also participated in the financing round.
The company plans to use the funds for growth and expansion.
Founded by Yoran Sirkis, Ravid Circus, and Rotem Cohen Gadol, Seemplicity provides a platform for security teams to drive and scale risk reduction efforts across organizations by orchestrating, automating, and consolidating all remediation activities into one workspace. Developers, DevOps and IT can all use the productivity workflow platform to help them achieve operational resilience and set up scalable security programs. Seemplicity combines multiple security tools into one system that aggregates, normalizes and consolidates all remediation activities. Security teams can create and automate risk reduction workflows on the platform. This streamlines handovers among teams and synchronizes all stakeholders, including cloud engineers, DevOps, developers and cloud engineers. Seemplicity consolidates data from cloud misconfigurations and vulnerability management, AppSec security, SaaS security and API security into a single platform. This reduces time and improves remediation throughput.
Already, the company serves over 20 clients worldwide, including Fortune 500 and publicly-traded companies.