YL Ventures funds and supports brilliant Israeli tech entrepreneurs from seed to lead. Based in Silicon Valley and Tel Aviv, YL Ventures manages over $300 million and exclusively invests in cybersecurity. YL Ventures accelerates the evolution of portfolio companies via strategic advice and U.S.-based operational execution, leveraging a powerful network of Chief Information Security Officers and global industry leaders. The firm's track record includes successful, high-profile portfolio company acquisitions by major corporations including Palo Alto Networks, Microsoft, CA, and Proofpoint.

YL Ventures

StoneMill Ventures invests in disruptive cyber security companies, primarily at the seed stage. StoneMill are active investors and look for founding teams that can benefit from our experience building pioneering security companies.

StoneMill Ventures

Intel Capital invests in innovative startups targeting cloud and AI infrastructure, edge, 5G, autonomy, cybersecurity, client & gaming, enterprise applications, silicon design and manufacturing, and a wide range of other disruptive technologies. Since 1991, Intel Capital has invested US$12.9 billion in more than 1,582 companies worldwide. Intel Capital has adopted the Diversity Term Sheet Rider.

Intel Capital

Third Point Ventures is the venture capital arm of Third Point LLC, a registered investment adviser based in New York, with approximately $5 billion of assets under management. The firm was founded in 1995 by Daniel S. Loeb. Third Point Ventures is led by Robert Schwartz, an industry veteran with more than 25 years of experience in private equity and technology company management, and is based in Sunnyvale, California.

Third Point Ventures

The Syndicate Group was created to help startups scale faster by organizing exclusive investment access for their channel partners.

The Syndicate Group

Grip Security

Grip Security brings comprehensive visibility across an enterprise’s entire SaaS portfolio—known or unknown for SaaS applications, users, and their interactions—with extreme accuracy and deployment in minutes. Grip assists businesses in modernizing their security architecture to meet the needs of today's SaaS acquisition and use. The SaaS Security Control Plane (SSCP) solution is a fundamentally different approach that enables security teams to embrace a business-led IT strategy in a safe and secure manner.

Grip Security is a pioneer in SaaS identity risk management, providing innovative solutions to help enterprises address the security risks associated with widespread SaaS adoption. The company's SaaS Security Control Plane (SSCP) platform helps organizations discover, prioritize, secure, and orchestrate the mitigation and remediation of risks arising from the use of business-led SaaS applications. Grip Security's innovative approach leverages identity as the primary control point, enabling companies to secure all SaaS applications and embrace SaaS adoption securely.

Grip Security Raising $41 Million Series B Led by Third Point Ventures

Israeli SaaS security platform startup Grip Security raises $41M

Grip Security raises $41 million led by Daniel Loeb's Third Point Ventures

Grip Security Lands $41 Million Series B Financing

Grip Security Raises $41 Million in Series B

Grip Security raises $41M to help enterprises manage their SaaS identity risk

Grip Security Receives Investment from The Syndicate Group

Grip Security Raises $41M in Series B Funding

Grip Security Raising $41M Series B Led by Third Point Ventures

Scaling Strong: Grip Security Raises a $41M Series B Round

Giving firms greater control over their SaaS stack

B2B SaaS Management Platforms

Ensuring the right people access the right resources at the right time

Identity & Access Management

[Video] Grip Security on LinkedIn: Take a break from RSA and join us and ArmorCode Inc. for an evening at…

Grip Security is a pioneer in SaaS identity risk management, providing innovative solutions to help enterprises address the security risks associated with widespread SaaS adoption. The company's SaaS Security Control Plane (SSCP) platform helps organizations discover, prioritize, secure, and orchestrate the mitigation and remediation of risks arising from the use of business-led SaaS applications. Grip Security's innovative approach leverages identity as the primary control point, enabling companies to secure all SaaS applications and embrace SaaS adoption securely.
Grip Security's platform delivers comprehensive visibility across enterprise SaaS applications, automatically discovering shadow applications and dormant accounts with ungoverned access to customer data and production environments. The award-winning SSCP platform provides a comprehensive solution to manage identity sprawl risks, allowing security teams to discover, prioritize, secure, and orchestrate remediation of these risks effectively.
Since its founding in 2021, Grip Security has experienced extraordinary growth. In August 2023, the company raised a USD 41 million Series B funding round led by Third Point Ventures, with participation from YL Ventures, Intel Capital, and The Syndicate Group, bringing its total funding to USD 66 million. Over the past year, Grip Security's bookings surged by over 400%, indicating strong market demand and customer trust. The company boasts an impressive client roster, across various industries.

G2 is a leading software review platform that leverages artificial intelligence to transform revenue and customer-facing teams. The company's Reality Platform automatically captures customer interactions and utilizes that data to help teams improve business performance. G2's platform provides insights at scale, empowering companies to determine the best actions for achieving successful outcomes. As of February 2022, G2 earned the #1 spot on both the Best Software Products and Highest Satisfaction Products lists. The platform distinguishes itself through its ability to automatically capture customer interactions, derive valuable data-driven insights, and deliver optimal results for sales, customer service, marketing, and other customer-facing roles across diverse industries.
In March 2024, G2 announced surpassing 2 million authentic user reviews on its platform. This milestone underscores the company's rapid growth and success in establishing itself as the world's largest software marketplace, consistently attracting over 60 million visitors annually. Over the years, G2 has witnessed substantial expansion across various regions, with North America remaining its core market while witnessing explosive review growth in the Asia-Pacific region as well.

Vendr is the world's first SaaS buying platform that helps companies find, buy, and manage software quickly and with guaranteed savings. The platform combines a product and people-powered service, enabling organizations to streamline the software purchasing process, reduce overspending, and eliminate duplicative products. Vendr harnesses insights from over 13,000 deals across more than 2,000 SaaS suppliers to facilitate critical transformation in how companies procure and manage software.
Through Vendr, businesses can maximize their return on SaaS investments by achieving cost savings, improving stack visibility across the organization, and accessing the best industry data. The platform offers insights and negotiation support to help buyers and sellers evaluate deal fairness, ensuring a smooth internal purchase process. It provides visibility into approval workflows and fast-tracked purchase request mechanisms, leading to smoother buyer-procurement relationships.
As of February 2023, Vendr's dynamic catalog, Explore, features over 19,000 software products, offering transparent market share insights, pricing trends, and compliance details. This empowers procurement teams to make informed decisions, compare alternatives, and identify opportunities for consolidation and cost optimization. Vendr guarantees fair pricing terms and risk-free purchases for many suppliers, buying out contracts if needed.
Vendr has processed over USD 1.5 billion in customer software spend and delivered over USD 240 million in savings. Its platform delights hundreds of customers, including Brex, Drift, and Dashlane. In June 2022, Vendr achieved a USD 1 billion valuation after raising USD 150 million in Series B funding led by Craft Ventures and SoftBank Vision Fund 2. The company has over 250 employees globally and is headquartered in Boston with a second location in Charleston, South Carolina.

Vendr

BetterCloud is a leading provider of SaaS Management Platform (SMP) solutions. Its platform enables IT professionals to streamline and automate critical tasks related to SaaS access and day-to-day operations. The company offers a no-code workflow builder that allows users to configure automations for employee onboarding, offboarding, and other processes. BetterCloud's platform centralizes the management of user permissions and access across SaaS applications, providing capabilities like bulk or automated admin access changes. It also helps identify underutilized resources and prevent overlap in subscriptions, driving spending efficiency.

BetterCloud

LeanIX is a software-as-a-service (SaaS) platform that provides Enterprise Architecture Management (EAM) solutions. Its flagship product, the Continuous Transformation Platform, enables organizations to gain comprehensive visibility and superior governance over their IT landscapes. Through an automated and data-driven approach, LeanIX helps companies organize, plan, and manage their application portfolios, SaaS contracts, and DevOps projects. The platform's core offerings include Enterprise Architecture Management, SaaS Management, and Value Stream Management.
LeanIX's EAM solution empowers organizations to visualize their entire IT application landscape, identify obsolete applications, design target architectures, and plan architectural roadmaps. The solution leverages a flexible, best-practice data model that serves as a foundation for addressing future business challenges. It provides real-time overviews of IT landscapes and business capabilities, enabling organizations to transform productivity and accelerate business transformation while reducing costs and risks.
In September 2023, LeanIX was acquired by SAP to expand its business transformation portfolio and facilitate AI-enabled process optimization. The acquisition aimed to provide customers with a comprehensive suite of tools for continuous business transformation, leveraging LeanIX's EAM capabilities in conjunction with SAP's offerings.

LeanIX

Flexera One is a robust SaaS-based IT management solution designed for organizations with complex hybrid environments. It provides unparalleled visibility into the entire IT estate, enabling data-driven insights across on-premises, SaaS, and cloud environments. With Flexera One, organizations can optimize spend, reduce risk, and drive results across their enterprises.Flexera One offers a suite of capabilities, including IT visibility, IT asset management, FinOps, cloud optimization, and migration. It visualizes the entire IT estate, providing complete insights to drive better decision-making. The IT asset management component enables organizations to manage and optimize their hybrid IT environments seamlessly.Flexera One's FinOps capabilities inform, optimize, and operate the cloud at scale, allowing for the visualization and allocation of cloud usage and billing, migration planning, and efficient hybrid IT estate management. Its cloud optimization and migration features provide actionable intelligence to navigate the cloud journey confidently.Flexera One specializes in optimizing expensive data center software such as Microsoft SQL Server, Microsoft Windows Server, Oracle Database, Oracle Middleware, IBM Cloud Paks, IBM WebSphere, IBM DB2, and SAP engines. It automatically utilizes out-of-the-box content libraries to identify consumption, entitlements, and optimal license positions based on product use rights.

Flexera One

Platforms for cataloging, tracking and benchmarking a firms existing SaaS stack and discovering and purchasing new solutions that are a better fit for the organization

Platforms that help identify potential securities vulnerabilities of a firm's SaaS stack and provide a solution to ensure compliance with regulations.

Platforms that help eliminate SaaS wastage and optimize costs by providing spending analysis reports, contract renewal planning, and vendor management.

Integrated product offerings that provide complete solutions covering the entire life cycle of SaaS usage. A number of firms also offer managed services such as price negotiations with vendors

Solutions in this industry focus on providing tools for firms to manage its SaaS subscriptions

Uses AI/ML to analyze a firms SaaS stack and ensure compliance with privacy standards

Provide greater visibility on the usage and spending on SaaS platforms

Growth in remote and hybrid work arrangements led to growth in cloud-based SaaS solutions

FortifID is a software company that puts individuals back in control of their identity and directly connects individuals to institutions. The company building a network to power secure, trusted &amp; robust consumer data for the digital world, also enabling individuals to seize control over the use of their personal data. They solve the needs ofbusinesses that use, buy or sell personal data, as well as the privacy needs of consumers for business using personal data, for business selling personal data, and for individuals. Their vision is a data solution for the digital age using blockchain and next-gen concepts from MIT. FortifID was founded in 2017 and is based in Mountain View, California, USA.

FortifID

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 Keycloak is an open-source identity and access management (IAM) solution developed by Red Hat. It provides robust user authentication, authorization, and single sign-on (SSO) capabilities, allowing users to securely access multiple applications and services with a single set of credentials. Keycloak supports industry-standard protocols such as OpenID Connect, OAuth 2.0, and SAML 2.0, ensuring interoperability and seamless integration with various applications and frameworks.
 
 
 One of Keycloak's key features is its ability to act as an identity provider (IdP), handling user authentication and attribute assertions. It can also function as a service provider (SP), relying on external IdPs for authentication and authorization. Keycloak offers a user-friendly administration console, where administrators can manage users, roles, and permissions, as well as configure authentication methods, federation settings, and authorization policies.
 
 
 Keycloak supports user federation, allowing it to integrate with existing user stores such as LDAP and Active Directory. It also enables identity brokering, empowering users to authenticate using their existing social media accounts or external identity providers. Additionally, Keycloak provides customizable login pages, password recovery mechanisms, and support for multi-factor authentication, enhancing security and user experience.
 
 
 As an open-source project, Keycloak benefits from community contributions, ensuring its continuous improvement and adaptation to evolving business needs. Organizations can leverage the extensive documentation, forums, and resources provided by the Keycloak community for support and guidance during implementation and customization.
 
 
 
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Keycloak

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 miniOrange provides Identity and Access Management (IAM) solutions offering a range of products, including Single Sign-On (SSO), Multi-Factor Authentication (MFA), and Cloud Access Security Broker (CASB). Its solutions secure access to various applications and cloud services while enabling seamless user experiences.&nbsp;
 
 
 miniOrange's technology allows organizations to implement access control policies based on factors like IP addresses, locations, devices, and time restrictions, providing granular control over data access. Additionally, its solutions integrate with platforms such as Microsoft 365, ServiceNow, Oracle EBS, and Zoom, enabling businesses to enhance security across their digital ecosystems. With a strong focus on compliance and data protection, miniOrange's IAM offerings help enterprises mitigate risks associated with unauthorized access, data breaches, and cyber threats.
 
 
 Key customers and partnerships
 
 
 miniOrange's client base spans various industries, including government entities, healthcare organizations, and enterprises across the US.&nbsp;
 
 
 miniOrange partners with companies like Oracle, Microsoft, ServiceNow, and Zoom, integrating their IAM solutions to secure access to these platforms seamlessly. Its extensive app integration library, comprising over 5,000 applications, allows organizations to optimize resources and costs while streamlining authentication and access management processes.
 
 
 
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miniOrange

One Identity solutions for Identity and Access Management Identity and access management for the real world. One Identity solutions eliminate the complexities and time-consuming processes often required to govern identities, manage privileged accounts and control access. Their solutions enhance business agility while addressing your IAMchallenges with on-premises, cloud and hybrid environments.

One Identity

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 SailPoint provides identity security solutions for enterprises. Its identity governance and administration (IGA) platform, IdentityIQ, allows organizations to manage and secure access to applications, data, and cloud resources across their entire IT infrastructure. IdentityIQ automates user provisioning, access requests, access certifications, and policy enforcement, ensuring that users have the appropriate level of access based on their roles and responsibilities.
 
 
 IdentityIQ integrates with various enterprise systems, including cloud, mobile, and on-premises applications, through connectors and APIs. This integration allows for synchronized user access management across the organization's technology landscape. The platform's key components include, 1)Identity Cube, a centralized repository for user identities and access rights, 2)Policies for enforcing organizational and regulatory standards, 3)Workflows for automating identity-related processes, and 4)Tasks, scheduled or event-driven processes for executing specific activities).
 
 
 SailPoint's identity governance solution helps organizations streamline audit and compliance processes, enhance security posture, and improve operational efficiency. It offers features such as role-based access control (RBAC), separation of duties (SoD) enforcement, password management, and compliance reporting. The platform leverages AI and machine learning (ML) capabilities to automate tasks, analyze identity data, and assist in determining appropriate access levels.
 
 
 In August 2022, SailPoint was acquired by Thoma Bravo in an all-cash transaction valued at ~USD 6.9 billion. Subsequently, it was delisted from the New York Stock Exchange.
 
 
 Key customers and partnerships
 
 
 SailPoint has established partnerships with various technology companies and has a strong customer base spanning multiple industries. Some notable customers are General Electric, Vodafone, ADP, and Western Union. SailPoint has also formed a partnership with Circle Security, a decentralized threat prevention platform, to enhance the security offerings for its customers.
 
 
 SailPoint actively collaborates with industry leaders, such as Cisco and Rapid7, to expand its identity security solutions and integrate with their respective products and services. The company maintains a partner ecosystem, including managed security service providers (MSSPs) and resellers, to facilitate the deployment and adoption of its identity governance solutions across various market segments.
 
 
 
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SailPoint

Platforms that manage and control user access to systems, applications, and resources and govern the policies, processes, and controls necessary to ensure appropriate access levels, permissions, and entitlements are granted to users based on their roles, responsibilities, and organizational requirements

Platforms that manage and maintain controls, policies, and systems that govern the entire lifecycle of an employee's access to company resources, systems, and data

Platforms that provide an additional layer of security beyond traditional username and password authentication, including controls such as one-time passwords (OTP), biometric data recognition (such as fingerprint, facial recognition), hardware tokens, or push notifications to mobile devices as a means to strengthen the authentication process

Platforms that manage and secure the digital identities and access rights of customers or users across various applications, services, and resources of an organization

Platforms that focus on managing user credentials, including passwords, to ensure secure access to systems, applications, data and resources

Platforms that enable users to authenticate once and gain access to multiple systems, applications, or services without the need to provide separate credentials for each system or resource access and usage

IAM solutions enable personalization by tailoring user rights, roles, and access to services based on individual profiles

IAM solutions enhance transparency and accountability by controlling user access, monitoring activity, facilitating audits, and preventing unauthorized access, ensuring business data integrity

AI/ML in IAM help automate risk analysis, anomaly detection, and adapt access controls, improving security.

Certain customer IAM providers also offer biometric authentication solutions

This is a key demand driver for IAM solutions as companies switch to a hybrid work environment, driving the increased need to manage user identity and access to organizational resources

Companies offering IAM solutions offer their solutions under a B2B SaaS model

Grip Security

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