Leen Banks Early Stage Funding for Data Security Technology

Leen Banks Early Stage Funding for Data Security Technology

March 25, 2024 at 03:00PM

Leen Security secures $2.8 million pre-seed funding from 11.2 Capital, Inner Loop Capital, and Preface Ventures. The company aims to streamline cybersecurity by developing a unified data API to address the chaos caused by the use of numerous security tools and vendors. Leen aspires to be the central hub for aggregating, de-duplicating, and standardizing data from various security tools, enhancing interoperability and efficiency.

From the meeting notes, I have summarized the key points as follows:

– Leen Security has secured a $2.8 million pre-seed funding and intends to develop a unified data API for cybersecurity.
– The funding is from 11.2 Capital, Inner Loop Capital, and Preface Ventures.
– The company aims to address the chaos in the cybersecurity industry caused by the use of numerous security tools from various vendors.
– Leen plans to serve as a centralized hub for aggregating, de-duplicating, and standardizing data from multiple security tools, positioning itself as a “Plaid for security data.”
– The company aims to enhance security operations by providing a single integration point and tailored common data models for specific sub-categories within the security landscape.
– Leen’s mission is to be the common data layer that connects tools across the security stack, allowing vendors and security teams to focus on their core platforms and internal security programs.

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