Wing Security, a SaaS security firm situated in Tel Aviv, Israel, emerged from stealth mode last week with $26 million in seed and Series A funding.
The company has received funding from GGV Capital, Harmony Partners, S-Capital, Silicon Valley CISO Investments Group, and other security industry experts.
The company, which was founded in 2020, provides an end-to-end SaaS security solution that seeks to provide customers with full visibility, analysis, and remediation capabilities.
Wing also says that businesses may utilise its platform to encourage end users to actively contribute in the security of the SaaS applications they use on a regular basis.
By providing visibility into applications, users, app-to-app connections, external data collaborations, and discrepancies, the company claims that its platform can uncover SaaS-related security vulnerabilities.
In addition, the platform notifies enterprises about application compliance, provides information on application security rankings, and allows users to customise security definitions.
Wing intends to utilise the funding to expand its workforce, with an emphasis on research and development, as well as sales and marketing.
“As businesses have grown more reliant on SaaS solutions and the agility they enable, security teams have been burdened with limited visibility and capacity to truly secure the entire attack surface,” said Noam Shaar, CEO of Wing Security. “Wing was founded to address these difficulties with a SaaS-native strategy that allows security teams to be as agile as possible while simultaneously helping to secure these environments from assaults.”
