Wednesday, August 16, 2023
HomeCloud ComputingCandy Safety lands $12 million in seed funding to reinforce cloud safety

Candy Safety lands $12 million in seed funding to reinforce cloud safety


Candy Safety at present introduced $12 million in seed funding and the launch of its Cloud Runtime Safety Suite.

The spherical was led by Glilot Capital Companions with participation from CyberArk Ventures and angel traders together with Gerhard Eschelbeck, former CISO at Google and Travis McPeak, who led product safety at Databricks.

Candy was based by retired Brigadier Common, Dror Kashti, former CISO of the Israel Protection Forces (IDF), retired Colonel, Eyal Fisher, former head of the Cyber Division at Unit 8200 and Orel Ben-Ishay, former Head of the Cybersecurity R&D heart at Unit 81. With a transparent imaginative and prescient on how you can greatest increase the bar for cloud protection, they constructed a cloud-native runtime safety suite that allows safety groups to cease cloud workload assaults, rapidly and with surgical precision.

Whereas main the IDF’s digital transformation effort, Candy CEO and co-founder Dror Kashti discovered that though securing improvement environments is important, present cloud runtime safety options are inadequate for getting ready an organization for a breach. As important as it’s for firms to shift their cloud safety left, assaults solely unfold in runtime. Firms require technological “boots on the bottom” to detect them. Current detection instruments both present very restricted performance or aren’t optimised for the cloud. Defenders want cloud-native runtime protections that present a full narrative for understanding and stopping assaults as they unfold.

Candy’s Cloud Runtime Safety Suite permits CISOs and safety groups to stage up their cloud safety from partial to finish protection. Offering strong defenses throughout all levels of an assault, its characteristic set consists of Detection & Response, Discovery and Prevention – all in runtime. Candy’s runtime sensor takes underneath 5 minutes to deploy, instantly offering cloud-native cluster visibility. It streams key software knowledge and enterprise logic to its servers, utilizing an progressive framework to profile workload habits anomalies and contextualize them with conventional TTPs.

Candy’s trendy assault detection mannequin and patent-pending auto studying expertise allow instant supply of important, complete assault findings that permit mitigation earlier than, throughout and after assaults happen. Consequently, Candy offers CISOs with the technical underpinnings wanted to be accountable for cloud safety. It additionally permits them to refresh company SOC and IR processes for cloud native environments, enabling the group to ease into cloud adoption and digital transformation.

For safety groups, Candy offers a powerhouse set of runtime “must-haves”, offering a completely contextualized, at-a-glance assault narrative, backed up with in depth response capabilities, an in depth runtime topology and the power to prioritize DevSecOps remediation efforts.

Michael Shaulov, co-founder and CEO, Fireblocks, mentioned: “As a big, cloud-first firm, our enterprise depends on our capacity to guard our prospects’ digital property. We would have liked a runtime safety suite that matched our scale, pace, and expertise.

“Candy’s expertise offers real-time safety detection & prevention capabilities to our cloud workloads and, importantly, with minimal enterprise interruption. Its insights on connectivity, visibility to our cloud’s topology, and automated classification of real-time threats is a drive multiplier to our Safety Operation Heart and our DevSecOps groups.”

Srinath Kuruvadi, MD, head of cloud safety, JPMorgan Chase & Co, mentioned: “Candy’s imaginative and prescient for cloud runtime safety is spot on, with a  deep understanding of how cloud assaults unfold, and critically, permits defenders to be rather more efficient at containing them.

“Assaults towards cloud workloads are solely going to extend in frequency and class. The business wants complete safety options to face them and Candy is driving this shift with its extraordinary imaginative and prescient and experience.”

Kobi Samboursly, Founding Associate, Glilot Capital Companions, mentioned: “Investing in Candy Safety was a no brainer. First, it’s addressing an more and more problematic cloud safety hole – cloud runtime protection. Second, Dror, Eyal and Orel carry superpowers to the desk: the depth and breadth of their cloud safety experience and their capacity to construct and mentor proficient, excessive performing groups. Candy is off to an incredible begin and we stay up for supporting its success.”

Dror Kashti, co-founder and CEO, Candy Safety, mentioned: “‘Cybersecurity’ and ‘pleasant’ are usually not phrases that usually go hand in hand, however we would like our prospects to make use of them in the identical sentence when speaking about our resolution.

“We really feel our timing is true to make that occur. If SOC and IR groups don’t should consistently tune their safety merchandise or sift by way of mountains of alerts, they’ll execute at a better stage, and so they’ll be happier. Cloud detection and response could also be complicated, but it surely doesn’t should be painful.”

Wish to study extra about cybersecurity and the cloud from business leaders? Try Cyber Safety & Cloud Expo happening in Amsterdam, California, and London. Discover different upcoming enterprise expertise occasions and webinars powered by TechForge right here.

  • Duncan MacRae

    Duncan is an award-winning editor with greater than 20 years expertise in journalism. Having launched his tech journalism profession as editor of Arabian Laptop Information in Dubai, he has since edited an array of tech and digital advertising and marketing publications, together with Laptop Enterprise Overview, TechWeekEurope, Figaro Digital, Digit and Advertising Gazette.



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