# Sonrai Security

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

- Industry: IT Security/Cybersecurity
- Headquarters: New York, US
- Website: www.sonraisecurity.com
- Total disclosed funding: $86M
- Latest round: Series C (Oct 14, 2021)
- Investors on record: 5

## About

Sonrai Security Inc. provides cloud security solutions, specializing in the automation of cloud permissions management to mitigate security risks for enterprises.Founded in 2017, Sonrai Security Inc. is headquartered in New York, US. The company focuses on automating cloud security processes and has successfully raised USD 50 mn in its Series C funding round on October 14, 2021, led by Istari Global with participation from Menlo Ventures, New Brunswick Innovation Foundation, Polaris Partners, and Ten Eleven Ventures. The founders are Cillian Hogan and Sandy Bird, both known for their expertise in cloud security solutions.Sonrai Security offers a comprehensive suite of cloud security solutions, primarily centered around its flagship product, the Cloud Permissions Firewall. This innovative tool automates the management of cloud permissions for various identities, including human users, non-human entities, and agentic AI. By analyzing permissions usage across a company’s cloud infrastructure, it effectively identifies and blocks unused permissions, services, and regions, thereby reducing the attack surface without the need for manual policy adjustments. The Cloud Permissions Firewall is designed to enhance operational efficiency by allowing Cloud Operations (CloudOps) teams to secure access instantly and streamline policy management. Sonrai's services target enterprise clients across multiple geographical markets, including North America and Europe, helping companies enhance their cloud security posture while facilitating development workflows without interruption.Sonrai Security operates on a subscription-based revenue model, where clients pay for access to its suite of cloud security solutions, including the Cloud Permissions Firewall and the Cloud Infrastructure and Entitlements Management (CIEM+) service. The transactions typically involve annual or multi-year contracts, allowing enterprises to integrate Sonrai’s offerings into their existing cloud infrastructure seamlessly. This model provides predictable revenue streams and fosters long-term partnerships with clients, as they benefit from ongoing updates and support. The structure allows for scalability, accommodating various client needs from small businesses to large enterprises, ensuring Sonrai's solutions are accessible across diverse industries.Following its most recent Series C funding round of USD 50 mn in October 2021, Sonrai Security Inc. plans to utilize the funds to accelerate research and development while expanding its sales and marketing efforts globally for its cloud security platforms. The company is focused on developing new products and enhancing its existing offerings to meet the rising demand for effective cloud security solutions. Furthermore, Sonrai is targeting expansion into additional markets in North America and Europe over the next few years.

## Funding rounds

- Series C, Oct 14, 2021, $50M — Menlo Ventures, Polaris Partners, New Brunswick Innovation Foundation, Ten Eleven, Istari Global
- Series B, Oct 9, 2020, $18M — Menlo Ventures, Polaris Partners, Ten Eleven
- Series A, Jan 15, 2019, $19M — Polaris Partners, New Brunswick Innovation Foundation, Ten Eleven

## Investors

- Polaris Partners (https://capitalatlas.ai/funds/polaris-partners) — Series A, Series B, Series C
- New Brunswick Innovation Foundation (https://capitalatlas.ai/funds/new-brunswick-innovation-foundation) — Series A, Series C
- Ten Eleven — Series A, Series B, Series C
- Menlo Ventures (https://capitalatlas.ai/funds/menlo-ventures) — Series B, Series C
- Istari Global (https://capitalatlas.ai/funds/istari-global) — Series C