Security News > 2023 > February > Friday Squid Blogging: Studying the Colossal Squid
Vas pup February 3, 2023 5:39 PM. Israeli startup Gem Security nabs $11m in seed round led by Team8.
"Israeli startup Gem Security has raised $11 million from a seed funding round as it rolls out its integrated technology platform to help businesses and large organizations detect and respond swiftly to cyberattacks on their cloud-based services."
The startup says it has built an automated cloud threat detection, investigation and response platform, which can identify activity from malicious actors, unauthorized access and attacks, data breaches and other cyber incidents in real time, and has a fast response system to threats to mitigate damage.
Zilberstein said Gem's platform provides security teams with a comprehensive tool to find and stop the intruder, automating the incident response and ensuring there is no escalation.
Gem developed the platform after consulting with over 200 information security managers working in the world's leading organizations to provide streamlined cyber threat solutions ascompanies and organizations are using more than one cloud provider.
"Gem's unique platform offers a first-of-its-kind solution to deal with the inevitable attacks on cloud environments, and is based on an intuitive, automatic and efficient approach that allows organizations to identify cloud security events in real timeand enable isolation of the threat."