Laminar, a public cloud data security provider, has raised $30m in a funding round that included participation from Tiger Global Management and Salesforce Ventures.
The funding sees Laminar almost double its funding to $67m in less than six months, after it previously snared $37m in November last year.
According to Laminar, the funding comes at a pivotal time for the company as its continues its first-to-market product rollout with the announcement of three new capabilities within its Cloud Data Security Platform. The firm also recently successfully completed its SOC 2 Type II certification, which ensures compliance with the leading industry standards for managing data, security and privacy.
Laminar claims it has seen ‘significant demand’ from CISOs and their security teams for its cloud data security solutions.
The latest round of funding will be sued to fund even faster product innovation as well as to grow sales and marketing to capture the market demand and for the build-out of its global team.
Laminar co-founder and CEO Amit Shaked said, “The growing number of players in our space is exciting as it drives us to further innovate with both speed and quality. A rising tide lifts all boats. Hence, the more cybersecurity and cloud leaders learn that there are products out there that solve their greatest public cloud data challenges, the more we all win.”
Oran Avraham – CTO and co-founder of Laminar – added, “Using our red team and in-house cloud security experience, as well as consistent inputs from our prospects and customers, we are continuously enhancing our products at a rate unmatched in the market. We are excited to see what the future holds following these action-packed six months on the market.”
Copyright © 2022 RegTech Analyst
Copyright © 2018 RegTech Analyst
