Israel-based cloud data security startup Eureka has arisen from stealth with $8m in seed funding and a cloud data security posture management platform.
The funding round was led by YL Ventures and saw participation from cyber executives and entrepreneurs such as Edna Conway of Microsoft, former CSO of Akamai Andy Ellis and Google Cloud product security assurance director David Hannigan.
According to Security Week, Eureka aims to address the data security challenges faced by organisations that are migrating to the cloud. The firm’s platform is designed to secure all data in enterprise cloud data stores.
The publication added that the solution provides real-time and comprehensive visibility into existing data stores and enables organisations to manage and define data security policies as well as alerting them to any policy violations.
Hannigan said, “We can’t avoid multi-cloud environments no matter how chaotic they are for our data security. Eureka is both enabling companies to securely place and leverage their data in the cloud environments of their choice and dramatically easing its management by engineers, security and compliance teams. The fact that they’re accomplishing this in a single platform is game-changing.”
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Copyright © 2018 RegTech Analyst