Anti-Cloud Hacking Startup Wins $8.7M Funding

A startup that prevents hackers from breaching the cloud, has emerged from stealth with the announcement of an $8.7 million funding round.

Rezonate discovers, analyzes, profiles and protects every identity, user and resource in all clouds – in real-time, to prevent and stop attacks in the earliest stages. 

It shows users the entire ‘storyline’ behind each identity, exposure, and threat, so security and software development teams can pinpoint, prioritize and act to eliminate access risks. 

The company claims its platform saves DevOps (software development and operation teams) two hours per every fix they make in the cloud, and decreases risk exposure exploitation time window by 87 per cent. 

In a 2019 study of over 3,000 companies, 70 per cent of those using big cloud infrastructures said they’d been hacked or had their data exposed.

For every risk detected, exposure, or an active threat, Rezonate will tell companies how it came to be and what damage it might cause. The company claims it prevents blindspots, and links the cloud’s weaknesses to the attacker’s actions, providing an automated and tailored response action. 

“The rapidly-changing cloudscape together with the proliferation of human and machine identities requires a different approach,” said Roy Akerman, CEO of Rezonate.

“Modern infrastructures require a precise and nimble way to outsmart attackers. One that primes cloud identities and access at its core and is constantly adapting to current dynamics over yesterday’s snapshots and, for the first time, gives defenders and builders the means to act confidently.”

Ori Amiga, CTO of Rezonate, said: “The fact that in just 10 months from our first line of code we already have active customers, solving key gaps daily, affirms the criticality of the cloud identity and access issue. In a cloud world where everything is changing all the time, DevOps teams need a solution as dynamic and automated as the infrastructure they need to protect.”

Investors in Rezonate include State of Mind Ventures and Flybridge, with participation from toDay Ventures, and Merlin Ventures seed fund.