Fig Security, which provides a solution that helps security teams respond to system changes, has raised $38 million in seed and Series A funding, TechCrunch reported on Tuesday.
Fig Security, founded by former members of Israel’s cyber and data intelligence Unit 8200 and Mamram, has developed technology that monitors a security stack to check whether rules, mitigation tools, and detection and response functions work properly and alerts users if changes create abnormalities.
Fig Security’s technology tracks data flows within a security stack and analyses the process from the source through the data pipeline and data lake to security orchestration and automated response platforms. CEO Gal Shapira (갈 샤피르) explained that it backtracks from detection functions rather than tracking data, detecting data changes in real time.
The company said Fig Security’s technology is designed to be used across various security tools and environments by integrating with data link and security information and event management (SIEM) systems.
Fig Security has secured major enterprise customers within 8 months of launch and plans to increase its customer base to 50 to 100 by the end of this year.