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Category: saas security

Category: saas security

Grip Security raises $41M to help enterprises manage their SaaS identity risk

Grip Security, which provides businesses with the tools to protect their SaaS applications and describes itself as the “industry’s first SaaS security control plane,” today announced that it has raised a $41 million Series B funding round led by Third Point Ventures. Previous investors YL Ventures, Intel Capital and The Syndicate Group also participated in this round, which brings Grip’s total funding to $66 million. Since launching in 2021, the company has sharpened its messaging a bit to focus a bit more on its capabilities to reduce SaaS identity risk, something that’s top of mind for a lot of enterprises.

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Strengthening security in a multi-SaaS cloud environment

Steven Tamm Contributor Share on Twitter Steven Tamm is a technology adviser to Spin.AI and a former Salesforce CTO with extensive experience in cloud computing, e-commerce, virtualization, developer tools, cybersecurity, compliance and SaaS. Managing security across multiple SaaS cloud deployments is becoming more challenging as the number of zero-day and ransomware attacks continues to rise. In fact, recent research reveals that a staggering 76% of organizations fell victim to a ransomware attack in the past year. It’s no secret that protecting data is hard, and with the rise of cloud technologies, it’s becoming harder. But when it comes to cloud

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