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.
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.