dope.security, a firm that claims it is the only fly-director secure web gateway, has scored $16m in a Series A led by Google Ventures.
Also participating in the funding round were boldstart ventures and Preface. This funding brings the total amount raised by the firm to $20m.
dope.security said it disrupts the multi-billion dollar SWG market by performing security directly on the endpoint instead of routing traffic through stopover datacentres.
This streamlined approach, the firm claims, improves performance up to 4X, ensuring that decrypted data never leaves the device, and improves reliability by eliminating external dependencies. Designed with a simplistic user experience, the dope.swg can be trialled with a simple visit to the dope.security website and installs in under five-minutes.
The dope.swg lives on the endpoint, performing security checks on-device and never taking sensitive decrypted data offsite. The platform is designed with intuitive workflows and a simplistic user experience, delivering fly-direct and fly privately, analytics and visibility, seamless deployment and instant zero-trust policies.
dope will use the funding to accelerate the adoption of the industry’s first fly-direct SWG, introducing improved performance, privacy and reliability to the cybersecurity space all at the click of a button.
Kunal Agarwal – founder and CEO of dope.security – said, “I learned the hard way that legacy SWG architecture wasn’t designed for the modern workforce. Yesterday’s approach doesn’t solve today’s problems. Nothing about a legacy SWG works for today. They’re inefficient, unreliable, and incredibly hard to deploy – let alone actually learn to use.
“The industry needs a new, efficient architecture designed for today with a user experience that puts the customer first. We’re excited to bring the first fly-direct SWG architecture to market with the dope.swg.”
Backslash Security, a cloud-native app security solution for enterprise AppSec teams, has come out of stealth with $8m in funding.
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Copyright © 2018 RegTech Analyst
