DoControl, a cloud data security startup, has closed a Series B funding round on $30m.
The round was led by Insight Partners and saw participation from Cardumen Capital, CrowdStrike Falcon Fund, StageOne Ventures and RTP Global. Following this raise, DoControl has raised a total of $43m since inception.
Founded in 2020, DoControl provides its users with a SaaS data access control solution that uses automation to identity, respond and deal with threats that emerge from SaaS data policy violations.
According to DoControl, it plans to use the funding to scale its SaaS data security product offerings, fuel global growth through aggressive hiring and build strategic partner programs.
DoControl co-founder and CEO Adam Gavish said, “Security teams understand they now need to extend their Zero Trust architecture from the identity and network into the SaaS data layer.
“We are excited to partner with Insight Partners on this shared mission and help more organisations worldwide to prevent data breaches through security automation.”
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Copyright © 2018 RegTech Analyst
