Ermetic, an Israeli startup offering secure cloud access for enterprise, has emerged from stealth mode with $10 million in funding from Glilot Capital Partners, Norwest Venture Partners and Target Global. The Tel Aviv-based company has introduced an analytics-based solution that prevents data breaches by detecting all human and machine identities in the cloud and analysing their access privileges.
“Using analytics and automation, Ermetic eliminates the manual effort and costs associated with determining the precise permissions necessary for each user, service or application in complex environments like AWS, Microsoft Azure and Google Cloud,” explains Shai Morag, the startup’s CEO.
Last summer Morag and three other entrepreneurs — CPO Sivan Krigsman, CBO Arick Goomanovsky and CTO Michael Dolinsky — founded Ermetic after successful exits from other enterprise security companies: Aorato, acquired by Microsoft; Secdo, acquired by Palo Alto Networks; and Sygnia, acquired by Temasek. All four began their careers in the cyber intelligence arm of the Israel military.
Photo: Ermetic’s founding team