# Grip Security

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/grip-security

- Industry: IT Security/Cybersecurity
- Headquarters: Tel Aviv-Yafo, Israel
- Total disclosed funding: $66M
- Latest round: Series B (Aug 22, 2023)
- Investors on record: 5

## About

Based in Tel Aviv, Israel, and founded in 2021, Grip Security Ltd., was founded to bring much-needed innovation to SaaS security. The company is a developer of all enterprise SaaS applications - known or unknown for apps, users, and their basic interactions with extreme accuracy to minimize false positives. It provides near 100% visibility across all enterprise SaaS applications. The company currently has about 15 employees. In August 2023, Grip Security Ltd. raised USD 41 million in series B funding led by new investor Third Point Ventures, with participation from returning investors Intel Capital, The Syndicate Group, and YL Ventures. 

Armed with deep visibility, Grip Security Ltd. secures all SaaS application access regardless of device or location as well as mapping data flows to enforce security policies and prevent data loss across the entire SaaS portfolio. The promise of Grip Security Ltd. is that after a quick installation, enterprises get full visibility into which applications their employees actually use.

## Funding rounds

- Series B, Aug 22, 2023, $41M — Intel Capital, Third Point, YL Ventures, The Syndicate Group
- Series A, Nov 7, 2021, $19M — Intel Capital, YL Ventures
- Seed, Apr 20, 2021, $6M — YL Ventures, StoneMill Ventures

## Investors

- YL Ventures (https://capitalatlas.ai/funds/yl-ventures) — Seed, Series A, Series B
- StoneMill Ventures (https://capitalatlas.ai/funds/stonemill-ventures) — Seed
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series A, Series B
- Third Point (https://capitalatlas.ai/funds/third-point) — Series B
- The Syndicate Group (https://capitalatlas.ai/funds/the-syndicate-group) — Series B