# Polar Security

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

- Industry: IT Security/Cybersecurity
- Headquarters: San Jose, US
- Website: www.polar.security
- Total disclosed funding: $8.5M
- Latest round: Seed (Jan 19, 2022)
- Investors on record: 2

## About

Founded in 2021 by Dov Yoran (Chairman) and Guy Shanny (CEO), and Roey Yaacovi (CTO), and based in California, US, Polar Security Inc. operates as an automated cloud data security platform that provides data security posture management services to enterprises. As of December 2022, the company has offices in the US, and Tel Aviv, Israel. The company offers a platform that continuously and automatically secures cloud-native data as developers create it, as well as for detecting and tracking sensitive data across all cloud-native data stores, including managed, unmanaged, and unknown shadow data. This agentless technology identifies data and compliance vulnerabilities by categorizing which data stores contain sensitive data and tracking actual and potential data flows. In May 2023, IBM Corporation acquired Polar Security Inc. for USD 60 million.

## Funding rounds

- Seed, Jan 19, 2022, $8.5M — Glilot Capital Partners, IBI Tech Fund

## Investors

- Glilot Capital Partners (https://capitalatlas.ai/funds/glilot-capital-partners) — Seed
- IBI Tech Fund (https://capitalatlas.ai/funds/ibi-tech-fund) — Seed