Eureka, an Israeli startup offering holistic security across cloud data stores, this week announced $8M in seed funding led by YL Ventures with participation from renowned security executives and serial entrepreneurs.
Founded by Palo Alto Networks (PANW) veterans Liat Hayun (CEO), former VP of Product Management, and Asaf Weiss (CTO), former Senior Director of Engineering, Eureka enables security teams to mitigate the risk of data loss and theft in multi-cloud environments by gaining control over their organization’s entire cloud data security posture and compliance.
Rapid cloud migration is generating tremendous value for forward-thinking organizations, but security teams are struggling to keep up with the pace of data proliferation. Cloud adoption and increased hyperautomation make it easier for businesses to generate and utilize cloud data stores, which often contain sensitive personal, financial and operational information, as well as IP and trade secrets. Unfortunately, while these burgeoning data stores present opportunities for enterprises, they are also growing as increasingly attractive targets for bad actors.
Eureka seeks to address this growing challenge, without inhibiting the productivity driving the cloud data expansion, by using the power of automation. The platform provides a seamless discovery and classification mechanism and a unified policy engine that integrates with all of the cloud platforms and processes that organizations use today. It enables data store inventory and contextualization, policy definition and deployment, and risk monitoring and management.
Eureka’s solution offers a higher layer of security compared to point solutions and native tools by providing comprehensive and real time views of data stores and the risks associated with them.
David Hannigan, Director of Product Security Assurance at Google Cloud
We can’t avoid multi-cloud environments no matter how chaotic they are for our data security. Eureka is both enabling companies to securely place and leverage their data in the cloud environments of their choice and dramatically easing its management by engineers, security and compliance teams. The fact that they’re accomplishing this in a single platform is game-changing.
Liat Hayun, Eureka’s CEO
Having worked as both security experts as well as software developers, Eureka’s founding team is looking to leverage their prior experience to offer a new, holistic approach to cloud data security. Existing solutions involve manual processes and point products that don’t scale to the speed or volume at which these data stores are created and used.
