Adaptive Shield, an Israeli cybersecurity company that specializes in SaaS application security, recently announced the closing of a $4M seed round led by Vertex Ventures. Adaptive Shield was founded with the goal of creating a localized solution for customers to manage security settings across all of their SaaS applications. Companies today rely heavily on SaaS services but often neglect or simply are not able to address individual security risks; with the help of Adaptive Shield, customers are able to easily manage their security settings and prioritize weaknesses.
As shown in the graph above, cloud security companies have been gaining traction in early stage funding rounds. Recent years have shown that migration to the cloud is in full swing, as such, companies are requiring more unique security solutions to meet their individual needs. SaaS applications provide their users with a host of benefits, but as their stack continues to expand, security risks grow exponentially. Adaptive Shield enables their customers to solve this issue with their easy to integrate solution that gives security teams a singular platform to manage their SaaS application security.
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