Theom, a San Francisco, California-based cloud data security company, announced that it has closed a $16.4 million seed funding round.
The round was led by Ridge Ventures and M12, Microsoft's Venture Fund. The fund will be used to expand its cloud data security solution.
Theom is pioneering a new method of securing data in the cloud and SaaS data stores by ensuring that protection always follows the asset, adapting the security as environments change.
“Theom’s approach to cloud data security takes inspiration from how the Secret Service protects high-value assets—the president and VIPs,” said Navindra Yadav, co-founder and CEO of Theom. “Theom ensures controls follow the data like a bodyguard—just like the Secret Service bodyguards do—by identifying high-value assets, assessing risks continuously, ensuring that protection always follows, and adapting the security as environments change.”
Company: Theom, Inc.
Raised: $16.4M
Round: Seed Round
Funding Month: September 2022
Lead Investors: Ridge Ventures and M12, Microsoft's Venture
Additional Investors:
Company Website: https://www.theom.ai/
Software Category: Cloud Data Security
About the Company: Theom is a cloud data security company founded by engineers who previously built large-scale data, security, and cloud products at Cisco, Google, and Yahoo. Theom is an innovative data security company that serves as the cloud's bodyguard, it identifies high-value data, prioritizes data risks based on their impact on the business, and ensures that security controls always follow the data whether it is stored, moved, copied, or transacted. Theom pinpoints the most serious threats to high-value data and prioritizes remediation more effectively by understanding both the data and access identities. To improve the overall security program's return on investment, Theom integrates with identity access management (IAM), infrastructure controls, security information and event management (SIEM), security orchestration, automation, and response (SOAR), and ticketing systems. Theom's mission is to act as your data bodyguard in the cloud, ensuring that your data is secure both at rest and in transit.
Source: https://www.theom.ai/press-releases/theom-raises-16-million-dollar-seed-round-to-change-the-future-of-cloud-data-security