Israeli cybersecurity startup Valence Security has launched out of stealth mode with an announcement today that it has raised $7 million in funding.
YL Ventures led the seed round. Also participating in the round were a number of security executives and serial entrepreneurs.
Founded by cybersecurity veterans Yoni Shohet and Shlomi Matichin, Valence is pitching itself as the first cybersecurity startup to bring zero-trust security principles to the “Business Application Mesh.”
About Valence Security
Valence Security is the first security company to offer collaborative remediation workflows that engage with business users to contextualize and reduce SaaS data sharing, supply chain, identity, and misconfiguration risks with scalable policy enforcement and automated workflows.
With Valence, security teams can secure their critical SaaS applications and ensure continuous compliance with internal policies, industry standards and regulations, without impeding business productivity or the speed of SaaS adoption.