The Capital Quest | Israel’s Dig Security, Ownera and Groundcover, Palestine’s Userpilot get funding

Israeli startup Dig Safety has closed a $34-million Sequence A spherical, lower than a 12 months after elevating seed funding.

The Sequence A spherical was led by San-Francisco-based enterprise capital agency SignalFire and joined by Felicis Ventures, Okta Ventures and current investor Team8.

With the newest funding around the cloud information safety options firm has now raised $45 million since inception.

The seed spherical was raised in October final 12 months.

“The worldwide shift to the cloud has thrust unprecedented volumes of knowledge into probably dangerous information shops. In consequence, we’ve seen a pointy enhance in cloud-based information breaches and quickly rising demand for near-real time safety,” stated Dan Benjamin, CEO and co-founder of Dig Safety.

“These days, a motivated attacker can breach cloud information in lower than three minutes. Present options like Cloud Safety Posture Administration (CSPM) solely scan the atmosphere each 24 hours, leaving the window open for one more 480 assaults till the subsequent scan. This newest funding is validation of our method and permits us to proceed to make cloud information inherently safer,” stated Benjamin.

The startup says it counts amongst its buyer base Fortune 500 firms, monetary providers corporations, enterprise software program and revolutionary SaaS-based expertise firms throughout the US, Europe and Israel.

Ownera

Ownera, an Israeli startup that has developed an interoperability buying and selling community for tokenized property, has raised $20 million in a Sequence A funding spherical led by JP Morgan and the LRC Group.

Draper Goren Holm, tokentus Funding AG, Confederate Blockchain, Polymorphic Capital, The Ropart Group and Archax additionally joined the spherical.

Ownera says it desires to create a worldwide unified inter-trading pipeline for digital securities, effectively connecting siloed tokenization platforms and buying and selling interfaces.

JP Morgan’s Scott Lucas will be a part of the startup’s board as a part of the funding spherical, whereas Nadav Zohar, chairman of the LRC Group, will be a part of as government chairman.

Groundcover

Tech startup Groundcover has raised $20 million in a Sequence A spherical led by Zeev Ventures and joined by earlier traders Angular Ventures, Heavybit and Jibe Ventures.

The Sequence A spherical comes quickly after it raised a $4.5 million seed spherical.

Groundcover, which has developed a cloud-native utility monitoring area with eBPF, was based final 12 months.

The startup was based by Shahar Azulay (beforehand with Apple) and Yechezkel Rabonivich (beforehand Chief Architect, CyberMDX). The 2 served collectively in an elite cyber unit within the Israeli Prime Minister’s workplace the place they handled frustration attributable to APM points.

Xtype

DevOps platform Xtype has raised $5.8 million in a seed funding spherical led by Columbia Capital.

Inside Loop Capital and SaaS Ventures pitched in, too.

Xtype stated it should use the brand new cash to speed up its product roadmap by rising the event workforce, in addition to enhance its presence within the U.S. market, increasing its gross sales and buyer success groups.

Xtype was based in 2020 by Ron Gidron, Peter Szulman, and Tobias Stanzel. It counts firms like HP, Zurich Insurance coverage, Financial institution of Montreal, and Playtika amongst its purchasers.

Userpilot

Palestine-based SaaS startup Userpilot has raised $4.6 million in a seed funding spherical led by Silicon Badia, with participation from ScOp Ventures and 500 International.

Based in 2018 by Thabet Gharabeh and Yazan Sehwail, Userpilot helps firms obtain greater person activation, engagement, and retention charges by enabling them to personalise in-app onboarding experiences for customers.

The Palestinian firm stated it should use the brand new funding to construct new options on its platform. These new options, it stated, will assist firms additional cut back buyer assist and engineering prices.

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