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

Candy Safety in the present day 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 Normal, 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 middle at Unit 81. With a transparent imaginative and prescient on easy methods to greatest elevate the bar for cloud protection, they constructed a cloud-native runtime safety suite that permits 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 regardless that securing growth environments is crucial, present cloud runtime safety options are inadequate for making ready an organization for a breach. As essential as it’s for corporations to shift their cloud safety left, assaults solely unfold in runtime. Corporations 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 allows CISOs and safety groups to stage up their cloud safety from partial to finish protection. Offering sturdy defenses throughout all phases of an assault, its characteristic set contains Detection & Response, Discovery and Prevention – all in runtime. Candy’s runtime sensor takes below 5 minutes to deploy, instantly offering cloud-native cluster visibility. It streams key utility knowledge and enterprise logic to its servers, utilizing an progressive framework to profile workload habits anomalies and contextualize them with conventional TTPs.

Candy’s fashionable assault detection mannequin and patent-pending auto studying expertise allow quick supply of essential, complete assault findings that enable mitigation earlier than, throughout and after assaults happen. Consequently, Candy gives CISOs with the technical underpinnings wanted to be accountable for cloud safety. It additionally allows 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 gives 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 flexibility to prioritize DevSecOps remediation efforts.

Michael Shaulov, co-founder and CEO, Fireblocks, stated: “As a big, cloud-first firm, our enterprise depends on our potential to guard our clients’ digital belongings. We would have liked a runtime safety suite that matched our scale, velocity, and expertise.

“Candy’s expertise gives 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 power multiplier to our Safety Operation Middle and our DevSecOps groups.”

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

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

Kobi Samboursly, Founding Accomplice, Glilot Capital Companions, stated: “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 potential to construct and mentor gifted, 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, stated: “‘Cybersecurity’ and ‘pleasant’ usually are not phrases that usually go hand in hand, however we wish our clients to make use of them in the identical sentence when speaking about our answer.

“We really feel our timing is true to make that occur. If SOC and IR groups don’t need to continuously tune their safety merchandise or sift by mountains of alerts, they’ll execute at the next stage, and so they’ll be happier. Cloud detection and response could also be advanced, nevertheless it doesn’t need to be painful.”

Wish to be taught extra about cybersecurity and the cloud from trade leaders? Take a look at 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 Pc Information in Dubai, he has since edited an array of tech and digital advertising publications, together with Pc Enterprise Assessment, TechWeekEurope, Figaro Digital, Digit and Advertising and marketing Gazette.

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