Sentra, a New York and Tel Aviv-based cloud data security company that enables security teams to gain full visibility and control of cloud data, completed $30 million in Series A funding.
The new financing, secured just 18 months after the company was founded, brings the total capital raised to over $53 million.
The round was led by Standard Investments, with participation from Munich Re Ventures (MRV), Moore Strategic Ventures, Xerox Ventures, and INT3. Existing investors, Bessemer Venture Partners, and Zeev Ventures, also participated in the round.
This funding will enable Sentra to increase its market presence, invest in its technology and partner ecosystem, and grow its team to meet the accelerating demand for Sentra's cloud-native data security solution around the globe.
Sentra enables security teams to gain full visibility and control of cloud data, and protect against sensitive data breaches across the entire public cloud stack.
"As we help our customers understand and protect petabytes of data, this capital will help us accelerate our plans to enable organizations to get the most out of their data by keeping it secured at all times," said Yoav Regev, co-founder, and CEO of Sentra. "This is just the beginning for Sentra. I am extremely proud of what our team has accomplished to date and look forward to achieving our shared goals in 2023 and beyond."
The company also announced that Standard Investments' Peter Marturano, technology sector head, and MRV's Oshri Kaplan, managing director, will be joining its Board of Directors.
Company: Sentra Inc.
Raised: $30.0M
Round: Series A
Funding Month: January 2023
Lead Investors: Standard Investments
Additional Investors: Munich Re Ventures (MRV), Moore Strategic Ventures, Xerox Ventures, INT3, Bessemer Venture Partners, and Zeev Ventures
Company Website: https://www.sentra.io/
Software Category: Data Security
About the Company: Sentra is a data security platform that helps organizations discover and remediate the top data security risks in their public environments. Sentra provides automatic data discovery, classification, monitoring, and protection for cloud-first organizations - Sentra finds all the sensitive data and understands who has access to it, how it is being used, and what is the data security posture. Sentra automatically detects if sensitive data is vulnerable due to misconfigurations, over-permissions, unauthorized access, data duplication, or other security issues. The company was founded in 2021 and is co-headquartered in New York City and Tel Aviv.
Source: https://www.prnewswire.com/news-releases/sentra-raises-30-million-series-a-financing-to-meet-growing-demand-for-data-security-in-the-cloud-301734129.html