Vorlon Inc., a startup specializing in API security, has successfully secured $15.7 million in series A funding to bolster its efforts in safeguarding third-party APIs.
Founded in 2022, Vorlon offers a robust platform designed to proactively manage the security risks associated with third-party APIs utilized by organizations.
The platform employs artificial intelligence-driven detection mechanisms alongside threat intelligence and remediation capabilities to effectively manage the attack surface posed by third-party APIs. With the surge in app-to-app communication, accounting for over 80% of internet traffic, the risk of data breaches due to overly permissive access to sensitive information has escalated.
Vorlon’s solution stands out by empowering organizations to monitor third-party APIs, differentiate between legitimate and illegitimate traffic, and swiftly address security issues as they arise. Noteworthy features include real-time detection of abnormal app activity, data breaches, and security incidents, aiding security teams in prompt response and investigation.
Do you need investors for your startup?
Moreover, Vorlon’s platform assists compliance teams in ensuring adherence to regulations by assessing the compliance status of third-party apps and furnishing proof of compliance to stakeholders.
Accel Partners Inc. led the Series A funding round, joined by Shied Capital LLC and a cohort of individual investors, including notable figures such as Demisto Inc. co-founders Slavik Markovich, Rishi Bhargava, Dan Sarel, and Guy Rinat, along with D.J. Patil, former U.S. chief data scientist, Nir Polak, investor and former CEO of Exabeam Inc., and Paul Cheesborough, CTO of Fox Corp.
Accel partner Steve Loughlin emphasized the significance of Vorlon’s technology in reducing the timeline between threat detection and remediation to mere minutes, underscoring its potency in addressing emerging cybersecurity challenges faced by organizations.
To read full article / source click here
* It is a community posted article. Please read the Full Disclaimer below
Disclaimer: This post is AI-generated. Its content does not represent the views of Xstartups. Xstartups is not liable for the accuracy or implications of the content. For any concerns or copyright issue, contact us at complaint@xstartups.co.
