Satori, which cites itself as the world’s first DataSecOps platform, has closed its Series A round on $20m.
The round was co-led by B Capital Group and Evolution Equity Partners, with commitments also coming from Satori’s seed backer YL Ventures.
With the funds, the FinTech company will bolster its team with hires in its sales, marketing and engineering teams in the US and Israel. Funds will also help the company deepen its R&D and go-to-market expansion.
Satori claims its DataSecOps platform is the first to democratise data and scale cloud data analytics with embedded security in data operations to bolster protections whilst reducing friction. Its Universal Data Access Services provides companies with holistic visibility and a single control plane for real-time data access and oversight across data stacks.
Clients can use Satori to get easy access to cloud-based data stores to improve data and analytics capabilities. The technology also ensures teams can track data in real-time, streamline compliance with data protection regulations, generate maps of data access, monitor and control access to PII and sensitive data, and prevent unauthorised access.
Satori co-founder and CTO Yoav Cohen said, “We started Satori as we knew cloud data infrastructures would require a radical shift in security toward it being granular, universal and also non-intrusive.
“Having launched with multiple out-of-the-box integrations with the industry’s leading cloud data stores, such as Snowflake, Amazon Redshift, Amazon Athena, Amazon Aurora, and Azure SQL, we empower data teams to roll out self-service access, row- and column-level security, and dynamic de-identification across data stores in minutes.”
Copyright © 2021 FinTech Global
Copyright © 2018 RegTech Analyst