Symmetry Systems, a San Jose, CA-based company specializing in next-generation AI-powered data-centric security, secured $17.7 million in an internal funding round.
This round saw participation from repeat investors ForgePoint Capital and Prefix Capital, along with new participants W11 Capital Management and TSG (The Syndicate Group), a strategic investor with a focus on channel partnerships.
The company’s mission is to protect the world's data, ensuring resilience and enabling modern data-centric companies to grow, innovate and lead with confidence.
"It's extremely gratifying to see that after 15 years of research, data flows have a central place in enterprise cloud security. Spectacular data applications need a new kind of security — as long as we provide great visibility into every data object, who has access to it and what they're doing with it, we can enable safe and agile innovation within modern companies where everyone can collaborate confidently," said Mohit Tiwari, Co-Founder and CEO of Symmetry Systems.
Symmetry is building an LLM-based natural language interface, where even a business user without deep cloud expertise can understand what data and what actions create a security or compliance risk, as well as what options can iteratively improve data risk, through a sequence of plain language prompts.
Company: Symmetry Systems, Inc.
Raised: $17.7M
Round: Unknown
Funding Month: August 2023
Lead Investors:
Additional Investors: ForgePoint Capital and Prefix Capital, W11 Capital Management, and TSG (The Syndicate Group)
Company Website: https://www.symmetry-systems.com/
Software Category: Data Security Platform
About the Company: Symmetry Systems is the industry's first hybrid cloud data security platform that safeguards data at scale in AWS, GCP, Azure services, and on-premise databases while supporting a data-centric zero trust model. With Symmetry, security and compliance teams can address threats quickly through AI-driven data security posture management (DSPM). Symmetry provides visibility into data risks from excessive permissions and anomalous data flows while giving organizations the evidence required to demonstrate compliance best practices.
Source: https://www.prnewswire.com/news-releases/symmetry-systems-closes-17-7-million-to-scale-its-ai-powered-data-security-platform-301896635.html