Israel's famed 8200 cyber-security military unit is a crucible for the creation of leading-edge cyber security products. That is hardly surprising; there is unlikely to be any country, organization or enterprise that has a larger attack vector than Israel -- be it physical or virtual. And given that the vast majority of young people in Israel need to perform compulsory military service, you have a massive amount of talent coming through the unit. At the other end of that many 8200 veterans go on to become a part of commercial cyber-security companies.
One company that has come out of the broader Israeli cyber-security space is Dome9. Dome9 is a public cloud security and compliance vendor which is focused on the orchestration of security policies, risk visualization and threat remediation. The company covers a number of different public clouds including Amazon Web Services (AWS), Windows Azure, and IBM Softlayer.
Of course AWS is the biggest of the public cloud vendors so it is perhaps unsurprising that Dome9 chose this week, the week in which AWS hosts its annual re:Invent conference, to announce its Series B funding. The company has raised $8.3 million from a round led by ORR Partners and including new Investors Lazarus and JAL Ventures. Existing investors Opus Capital Ventures also participated in the round. This round brings total funding to date to $13 million.
The opportunity here is huge -- public cloud uptake is massive and growing incredibly fast. At the same time almost on a daily basis we hear of new security incidents which put organizations' data, and the data of its customers, at risk. Mature organizations know that a retreat from the public cloud isn't an option. Rather, leveraging solutions which allow the sort of agility that the public cloud offers, while still ensuring compliance and security, is the winning combination.
There are a huge number of players in the broader cloud-security space and there will likely be some consolidation and rationalization down the road. For now, however, Dome9 seems to be doing everything right.
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