Silicon Angle: Israeli cybersecurity startup Valence raises $25M to secure SaaS from risk

Israeli cybersecurity startup Valence Security Inc. announced today that it has raised $25 million in new funding to help customers secure their software-as-a-service meshes from risk.

Microsoft Corp.’s M12 venture fund led the Series A round with YL Ventures, Porsche Ventures, Akamai Technologies Inc., Alumni Ventures and Michael Fey, former president of Symantec Corp., also participating. Including the new funding, Valence has raised $32 million to date.

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