Seemplicity a, Tel Aviv, Israel- based first risk reduction and productivity platform for modern security teams, launched with $32 million in funding.
The funding includes a $26 million Series A round led by Glilot Capital Partners through its early growth fund, Glilot+, with participation from new investors NTTVC and Atlantic Bridge and existing investors S Capital and Rain Capital.
The company previously raised a $6 million seed round led by S Capital. Seemplicity is already serving over 20 customers globally, including Fortune 500 and publicly traded companies.
Company: Simplicity Ltd.
Raised: $26.0M
Round: Series A
Funding Month: May 2022
Lead Investors: Glilot Capital Partners
Additional Investors: NTTVC, Atlantic Bridge, S Capital, and Rain Capital.
Company Website: https://seemplicity.io/
Software Category: Productivity Platform
About the Company: Seemplicity is revolutionizing the way security teams drive and scale risk reduction efforts across organizations by orchestrating, automating, and consolidating all remediation activities into one workspace. As the first productivity workflow platform created for modern security teams, Seemplicity transforms the remediation process into a streamlined and collaborative effort that can easily be utilized by developers, DevOps, and IT across the organization, helping them achieve complete operational resilience and establish a truly scalable security program. Seemplicity was founded in 2020 by cybersecurity veterans Yoran Sirkis, Ravid Circus, and Rotem Cohen Gadol, and its customers include Fortune 500 and publicly traded companies.
Source: https://www.prnewswire.com/news-releases/seemplicity-raises-32-million-with-first-of-its-kind-productivity-platform-for-modern-security-teams-to-scale-risk-reduction-efforts-301557582.html