March 28, 2024 at 09:12AM
Israeli cybersecurity company Zafran emerged from stealth mode, unveiling its $30 million funding and a risk mitigation platform. Founded in 2022 by Sanaz Yashar, Ben Seri, and Snir Havdala, the firm’s platform leverages security tools to address vulnerabilities. Their industry-first mitigation knowledgebase works with endpoint detection, firewall, and cloud products. The funding was led by Sequoia Capital and Cyberstarts.
Key takeaways from the meeting notes:
– Zafran, a cybersecurity company based in Israel, has recently emerged from stealth mode, unveiling its risk and mitigation platform and securing $30 million in funding.
– The company was founded in 2022 by Sanaz Yashar (CEO), Ben Seri (CTO), and Snir Havdala (CPO).
– Zafran’s risk and mitigation platform leverages existing security tools to address vulnerabilities exploited by threat actors, using control configurations, runtime data, internet exposures, and threat intelligence to determine exploitability and automatically apply mitigations if necessary.
– The company has developed an industry-first mitigation knowledgebase designed to work with endpoint detection and response, firewall, and cloud products to assess risk.
– The $30 million funding round was led by Sequoia Capital and Cyberstarts, with participation from Cerca Partners and Penny Jar.
– Sanaz Yashar highlighted that Zafran aims to transform risk mitigation by mobilizing security controls against evolving threats, bridging organizations’ security gaps and blind spots, and mitigating risks at scale.