Sweet Security raises $12M seed round for its cloud security suite
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Sweet Security raises $12M seed round for its cloud security suite
Sweet Security, a Tel Aviv-based cloud security startup, today announced that it has raised a $12 million seed round led by Glilot Capital Partners, with participation from CyberArk Ventures and a number of angel investors including Gerhard Eschelbeck, a former CISO at Google and Travis McPeak, who led product security at Databricks.
Sweet provides businesses with a real-time cloud-native security suite that aims to help security teams quickly stop attacks on cloud workloads. The company was co-founded by a number of security veterans: Dror Kashit, the former CISO of the Israel Defence Forces (IDF), Eyal Fisher, the former head of the Cyber Department at the IDF's Unit 8200, and Orel Ben-Ishay, the former head of cybersecurity at the IDF's R&D group Unit 81.
Image Credits: Sweet Security
Kashit noted that toward the end of his time in the IDF, the Israeli government and military prepared for Project Numbus, the cloud computing project that looked into how Israel could move its sensitive workloads securely into the cloud (a project, we should note, that wasn't uncontroversial).
"I needed to sign the security paragraph of this project," Kashit said. "As a CISO, you don't have any insurance policy. You need to manage your risk. [...] But I couldn't find any good tools for detect and response in real time in the cloud. I looked for half a year and I couldn't find anything." So when he retired from the IDF, he called up Fisher and the two decided to team up to solve this problem.
One of the core technologies that Sweet is basing its solution on is eBPF, which allows sanboxed programs to run in the Linux kernel, where they can collect metrics about network traffic and resource usage without creating a lot of overhead. While the concept has been around for almost ten years, it's only become somewhat mainstream in the last few years, in part because it makes monitoring cloud-native infrastructure a lot easier.
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Although the revenue and EPS for HudBay Minerals (HBM) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
12h ago - Fortune
Barbara Corcoran reveals the memorable question every candidate should end a job interview with
"Ask it, watch what happens. You'll close the deal."
1d ago - The Wall Street Journal
Charlie Ergen Strikes Deal to Merge Dish, EchoStar
Charlie Ergen has struck a deal to merge Dish Network and EchoStar, a move aimed at giving him the financial flexibility to build a nationwide wireless network strong enough to take on the likes of AT&T and Verizon.
15h ago - Zacks
Illinois Tool (ITW) Hikes Dividend, Approves $5B Buyback Plan
Illinois Tool (ITW) hikes its dividend by 7%. With about $750 million worth of shares remaining under its existing share repurchase authorization, the company announces a new $5 billion buyback plan.
22h ago - Zacks
The Zacks Analyst Blog Highlights M&T Bank, Associated Banc-Corp, U.S. Bancorp, Truist Financial and Capital One
M&T Bank, Associated Banc-Corp, U.S. Bancorp, Truist Financial and Capital One are included in this Analyst Blog.
5h ago - Bloomberg
International Flavors Drops 20% on Softening Consumer Demand
(Bloomberg) -- International Flavors and Fragrances Inc. posted its biggest drop since at least 1980 after slashing its full-year sales guidance as customers pull back on spending while working through their stashes of products instead of replenishing their pantries. Most Read from BloombergUS Bank Shares Drop as Moody’s Cuts Ratings, Warns on RisksWall Street WhatsApp, Texting Fines Exceed $2.5 BillionMusk Says He May Need Surgery, Will Get MRI on Back and NeckThe Global South Breaks Away From
23h ago - American City Business Journals
Novavax reports surprise Q2 profit but reiterates 'going concern' warning
The Gaithersburg biotech says a successful fall launch of a new Covid-19 vaccine could be crucial to its survival.
19h ago - FreightWaves
Cash-starved Workhorse Group seeks to create new shares
Workhorse Group claims business progress, but it needs approval for new shares to raise capital to make electric trucks and drones. The post Cash-starved Workhorse Group seeks to create new shares appeared first on FreightWaves.
20h ago - The Telegraph
German electric cars are too expensive, top economic adviser to Berlin admits
German car makers must do more to make electric vehicles cheaper and more appealing because manufacturers are losing out to China, the head of Berlin’s top group of economic advisers has warned.
1d ago - Zacks
Sitio Royalties (STR) Reports Q2 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Sitio Royalties (STR) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
13h ago - Fox Business
Disney battle with Ron DeSantis one of investors' top issues
Disney will have the attention of many investors come Wednesday when it puts outs its latest set of quarterly results. FOX Business takes a look at some top issues for investors.
13h ago - American City Business Journals
Spirit AeroSystems has new partnership to research hypersonic travel
Under a new MOU, Spirit has partnered with a Tennessee lab to research the "aircraft of tomorrow."
17h ago
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