CyberTech Dig comes out of stealth with $11m seed

Dig Security, a cloud data security firm, has emerged from a period of stealth with $11m in seed funding.

The round was led by Team8 and saw participation from CrowdStrike’s Falcon Fund, Merlin Ventures, CyberArk and a range of angel investors.

Israel-based Dig claims it has developed the industry’s first data detection and response (DDR) solution, providing real-time visibility, control and protection of data assets across any cloud.

According to Dig, its platform sues cloud data attack models to detect, analyse and respond to threats. It alerts organisations about anomalous or suspicious activity, helping them prevent data exfiltration and misuse of data by employees.

Dig CEO Dan Benjamin said, “I’ve spoken to more than a hundred CISOs and hear the same complaints over and over. Companies don’t know what data they hold in the cloud, where it is, or — most importantly — how to protect it. They have tools to protect endpoints, networks, APIs, but nothing to actively secure their data in public clouds.”

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