DATA SECURITY

With $15 Million Series A Funding, Symmetry Systems to Ramp Up Hybrid-Cloud Data Security

Symmetry Systems | June 24, 2021

A well-known provider of cutting-edge Data Store and Object Security (DSOS), Symmetry Systems, has announced a $15 million Series A funding round. ForgePoint Capital and Prefix Capital lead it. They are two premier venture funds, who are investing in transformative and foundational technologies. The investment will back the rapid growth of the company in customers, revenue, and employees.

This newest funding round also highlighted participation from Symmetry Systems and Accenture Ventures is now part of their Project Spotlight, its engagement, and investment program that attaches developing technology software startups with the Global 2000 to fill planned modernization gaps. Moreover, this round comprises leading practitioners, such as Omkhar Arasarathnam, Engineering Director at Google Cloud; Sameer Sait, Chief Information Security Officer at Amazon-Whole Foods; David Tsao, VP of Security Engineering at Marqeta; Tom Gonser, Founder of DocuSign; and Bob Gleichauf, EVP at InQTel and ex-CTO at Cisco.

Today, data spans across object stores, databases, and data lakes in today's hybrid cloud environment. As a result, developers, users, contractors, and supply-chain vendors all get information via a web of applications and roles. Flagship solution, DataGuard,  of Symmetry Systems provides combined discernibility into data objects across all data stores,

About Symmetry Systems

Symmetry Systems delivers purpose-built Object Security (DSOS) and Data Store to provide complete visibility and combined access control. Born from the award-winning Spark Lab at UT Austin, Symmetry Systems DataGuard upholds power over data when all else fails, be it exploited insider identifications, malicious applications, or false positives in safety operations tools. Backed by foremost security investors Prefix Capital, DataGuard,  and ForgePoint Capital was built with and for the most challenging security teams in healthcare, finance, and the US government.

Spotlight

Today, most IT security is based on prevention – an attempt to create counter measures against previously identified tactics and threats. In theory, understanding how hackers attack us helps us prepare our best defenses against them. But in practice, we can never build our virtual walls high or strong enough to serve as sufficient barricades. For starters, old tactics evolve and new tactics emerge at a rate impossible for security professionals to match. Spear phishing targets our most vulnerable employees and watering holes attract the unwary. Our best “sandbox” malware analyses can miss some of the latest suspect behaviors. It’s impossible to predict when and where the technologies we rely upon, such as Flash or Java, will suffer the exploitation of a previously undetected (a.k.a. zero-day) vulnerability.

Spotlight

Today, most IT security is based on prevention – an attempt to create counter measures against previously identified tactics and threats. In theory, understanding how hackers attack us helps us prepare our best defenses against them. But in practice, we can never build our virtual walls high or strong enough to serve as sufficient barricades. For starters, old tactics evolve and new tactics emerge at a rate impossible for security professionals to match. Spear phishing targets our most vulnerable employees and watering holes attract the unwary. Our best “sandbox” malware analyses can miss some of the latest suspect behaviors. It’s impossible to predict when and where the technologies we rely upon, such as Flash or Java, will suffer the exploitation of a previously undetected (a.k.a. zero-day) vulnerability.

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SOFTWARE SECURITY

Partner of FireMon and DLT Solutions to provide public sector Agile Network Security Policy Management

businesswire | December 10, 2020

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ENTERPRISE SECURITY

McAfee Enterprise Named a Worldwide Leader in IDC MarketScape for Cloud Security Gateways

McAfee Enterprise | November 25, 2021

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DATA SECURITY

Elisity to Close $26-Million Round for Cognitive Trust CyberSecurity Platform

Elisity | June 17, 2021

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