The cyber company Resonate is revealed with a fundraising of 8.7 million dollars

by time news

Resonate, an Israeli startup company that develops a security platform for organizations that operate in the cloud, was revealed for the first time with a fundraising of 8.7 million dollars, about ten months after it was established. The round was led by the venture capital fund State Of Mind Ventures, with the participation of Flybridge.

The company’s cloud identity protection platform (CIPP) was built to deal with identity-based risks and access to cloud resources. The platform connects to the client’s cloud environment and within a few minutes, maps the entire structure and dynamics within the cloud environments, managing the clients’ identities and provides a panoramic view of all access capabilities and activity in the environment. Above this layer, the company identifies dangerous behaviors and security gaps that could serve as a loophole for attackers, and allows them to be corrected in real time, along with detecting and neutralizing actual attacks.

The platform is designed to allow development (DevOps) and security personnel to prevent attacks on the corporate cloud environments, and to adapt and protect the identities and access of machines and users to company assets and processes, in real time, without compromising the speed of development or the frequent changes in environments. Barzonite has 17 employees and these days the company plans to significantly expand the development team in Israel and recruit additional employees for research and development positions, professional support for defense and infrastructure teams of its customers, and to expand the sales force.

Roy Ackerman, CEO and founding partner at Resonate: “The cloud environments have become the business core of many companies in the world. The environments are built and changed at a dizzying pace by engineers, infrastructure personnel and many partners. With every change, and with every addition of new capabilities, new opportunities are born for attackers who take advantage of them to infiltrate organizations and create monetary and business damage.

“The assets of the organization have become a ‘moving target’, which is very difficult to protect with the existing products and concepts. Resonite offers and builds with its customers a dynamic and fast solution, which integrates into the development and protection activities of the organizations in real time, and allows to provide constant monitoring and protection, even in stages when the infrastructure is not yet built Completely, and even before the developers have finished configuring it. Modern cloud infrastructures require a different approach to protection to overcome the fast and opportunistic techniques of hackers. Resonate exposes, monitors and creates a smart and up-to-date profile of the identity of code, machines and users that work against cloud environments, protecting them and access to enterprise assets in a way Adapted and in real time by rapid adaptation of the other security systems – both in the development processes and in the operating processes.”

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