Cloud Data-Securing Startup Raises $30M

An Israeli company that helps businesses secure their data in the cloud has raised $30 million.

Sentra enables company security teams to gain full visibility and control of their cloud data, understanding where it is and who has access to it. It also protects against data breaches, and detects and remediates top data risks. 

In 2021, 30 percent of companies kept their data and digital workloads in the cloud, a figure that’s expected to rise to over 95 percent by 2025. 

In the transfer of data to cloud infrastructure, data is often moved, duplicated, or changed, and the majority of business leaders don’t know where their sensitive data is, risking exposure or leaks. 

Sentra’s tech helps businesses gain full visibility over their information in a matter of hours, rather than months. It finds all cloud data, classifies it according to sensitivity, and offers remediation plans to data security teams. 

“As we help our customers understand and protect petabytes of data, this capital will help us accelerate our plans to enable organizations to get the most out of their data by keeping it secured at all times,” said Yoav Regev, Co-founder and CEO of the company.

“This is just the beginning for Sentra. I am extremely proud of what our team has accomplished to date and look forward to achieving our shared goals in 2023 and beyond.”

The funding was raised by Standard Investments, with participation from Munich Re Ventures, Moore Strategic Partners, and other investors. The startup’s total capital is over $53 million. 

Sentra was founded in 2021, and is headquartered in Tel Aviv and in New York City.