devOcean is the first SaaS platform to enable security teams to clearly see every risk in their cloud apps
Photo credit: devOcean
devOcean, a new Israeli platform for Cloud Native Security Operations, announced its launch out of stealth as well as the completion of a $6 million seed financing round. The funding round was led by Glilot Capital Partners with participation from angel investors.
Cloud native applications are composed of multiple layers, with each layer having its own security issues which require unique, specialized security solutions. Additionally, each layer of an app is created and managed by a different development team within an organization. Taken together, this creates a multilayered and siloed environment, with a chaotic web of responsibilities, tools, and alerts. This becomes even more complex when combined with the lack of standardization in policies and infrastructures between public cloud providers.
The constant need to navigate this complex web in order to prioritize security issues and determine which team is responsible for resolving them is a significant cause of frustration for CISOs. Additionally, the current best practice to prioritize and assign responsibility for fixing these issues is by manually going through each security tool and inputting every alert.
devOcean’s SaaS platform enables security teams to overcome these challenges by collecting security insights from all cloud and security tools, generating a single “pane of glass” that exposes each risk and its corresponding effect on every part of the cloud application. Founded in 2021, the company aims to provide a holistic approach to cloud native security.
By creating a dedicated security layer, this SaaS platform is able to quickly and accurately portray where security risks may be by visualizing all the layers together as a single application, enabling CISOs to easily and efficiently prioritize and patch security vulnerabilities and fix issues
With an understanding of the most critical threats, security teams can prioritize risks and work alongside operations, product, and development teams to effectively install security policies, while enabling CISOs to accurately suggest which team is responsible for patching a vulnerability and fixing an issue.
“devOcean is the first platform to create a dedicated cloud SecOps layer that is aimed at making order out of cloud application security chaos,” said Doron Naim, the company's Co-Founder and CEO.
“Security teams are looking for a way to synergize security tools in order to easily see and understand what parts of their cloud application the alert effects. devOcean was established as a solution to give CISOs and security teams the transparency they need to get a full understanding of security issues and how they affect the application as a whole while also providing insight into how, and who, is best to solve a particular issue.”
“The complexity and agility of Cloud Native applications makes it almost impossible to handle without a dedicated system, leading some organizations to attempt to build their own cloud native security management platforms at great cost and with limited success,” added Kobi Sambrousky, Co-Founder and Managing Partner at Glilot Capital Partners.
devOcean is based in Tel Aviv and currently has employees. Its founders – veterans of the Israeli Defense Forces’ elite 8200 intelligence unit – are former GMs of Security Research and Innovation at CyberArk.