Laminar Secures $30 million extended in Series A

by Kay Aloha Villamor in June 3rd, 2022

Laminar, a Tel Aviv and New York-based public cloud data security provider, announced that it raised an additional $30 million, nearly doubling its funding to $67 million in less than six months on the back of significant demand for its solutions. 

The additional funding, with participation from Tiger Global Management and Salesforce Ventures, follows seed and initial Series A investments of $37 million in November 2021. 

In addition to adding funding, Laminar continues to innovate quickly for customers by adding three new capabilities within the Laminar Cloud Data Security Platform – as well as the successful completion of its SOC 2 Type II certification, which ensures compliance with the leading industry standards for managing data, privacy, and security. New capabilities include:

Company: Laminar Ltd

Raised: $30.0M

Round: Series A extension

Funding Month: June 2022

Lead Investors: 

Additional Investors: Tiger Global Management and Salesforce Ventures,

Company Website: https://laminarsecurity.com/

Software Category: Cloud Data Security Platform

About the Company: Laminar’s Cloud Data Security Platform protects data for everything you build and run in the cloud across cloud providers and cloud data warehouses such as Snowflake. The platform autonomously and continuously discovers and classifies new datastores for complete visibility, prioritizes risk based on sensitivity and data risk posture, secures data by remediating weak controls, and actively monitors for egress and access anomalies. Designed for the multi-cloud, the architecture takes an API-only approach, without any agents, and without sensitive data ever leaving your environment. Founded in 2020 by a brilliant team of award-winning Israeli red team experts, Laminar is proudly backed by Insight Partners, Tiger Global Management, Salesforce Ventures, and SentinelOne

Source: https://www.businesswire.com/news/home/20220602005058/en/Laminar-Doubles-Funding-in-Less-Than-Six-Months-to-67-Million-Leading-the-Way-in-Cloud-Data-Security


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