Many large enterprises now rely on hundreds of third-party SaaS applications to do business, but their security organizations can barely keep pace. Right now, the state of the art for SaaS enterprise security are cloud access security brokers (CASBs) that act as intermediaries between users and the actual service. But they don’t provide the kind of visibility that enterprises want since employees will often route around their IT departments. Tel Aviv-based Grip Security aims to make this a lot easier by providing enterprises with full visibility into their SaaS portfolios through enforceable endpoint-centric access controls and new data governance capabilities that work across devices and locations.
Grip Security today announced that it has raised a $6 million seed round led by cybersecurity-focused YL Ventures, with