Battery Ventures is a investment firm that focuses on technology. It invests in potentially, category-defining businesses in markets including application software, IT infrastructure technologies, consumer-internet and mobile services, and industrial technologies.

Battery Ventures

Glilot Capital Partners is a venture capital firm founded by entrepreneurs with a solid success record and with the aim of accelerating the success of those starting out. The firm's early growth fund focuses on post-Series A startups in the enterprise software and cybersecurity sectors. They seek to provide flexible funding solutions by leading or participating in early growth rounds and offering convertible notes. Glilot+ includes a large community of industry leaders, strong financial backing, and extensive resources to drive the growth of their business.  Glilot Capital Partners was founded in 2011 by Kobi Samboursky and Arik Kleinstein and is headquartered in Herzliya, Tel Aviv, Israel.

Glilot Capital Partners

Atmosec

Atmosec provides continuous security for your hyperconnected SaaS ecosystem as fast as it evolves. Our unique platform understands the contextual security settings of third-party SaaS services, monitors their behavior as they interact with each other, and automates the mitigation of actual and potential risks to protect your company’s data.

Atmosec is an Israeli cybersecurity startup that provides a SaaS security platform to help companies secure their expanding SaaS ecosystems. The platform leverages machine learning and contextual analysis to understand the behavior of connected SaaS applications and rapidly detect anomalies. It can automatically discover new third-party apps being used, map their connections, and analyze data access patterns.

SaaS app security startup Atmosec exits stealth with $6M seed funding round

Mastering the dynamic SaaS ecosystem and staying ahead in 2024

Atmosec Launches ML-Based SaaS Security Platform

Check Point acquiring cyber startup Atmosec in second purchase in less than a month

7 of the most exciting startups in Israel

Check Point to acquire Atmosec, an Innovative SaaS Security Vendor

Check Point Acquires SaaS Security Pioneer Atmosec

Giving firms greater control over their SaaS stack

B2B SaaS Management Platforms

Check Point Buys SaaS Security Specialist Atmosec

Check Point Software Technologies

With Atmosec’s technology, Check Point Infinity will offer SaaS security with continuous SaaS posture management, prevention of malicious communications (SSPM), and a full security stack for SaaS apps including threat prevention, data protection, and adaptative zero-trust access controls for both users and devices (CASB).

AI-based solutions for evolving digital threats

Next-gen Cybersecurity

Companies which provide solutions for enterprises to secure their cloud-native applications and workloads, across the entire development lifecycle.

Atmosec is an Israeli cybersecurity startup that provides a SaaS security platform to help companies secure their expanding SaaS ecosystems. The platform leverages machine learning and contextual analysis to understand the behavior of connected SaaS applications and rapidly detect anomalies. It can automatically discover new third-party apps being used, map their connections, and analyze data access patterns.
The platform protects against threats by identifying anomalies based on actual behavior rather than just configurations. It mitigates risks through contextual insights and prioritized recommendations, preventing attacks that could lead to data breaches. Atmosec's technology allows enterprises to overcome security challenges posed by the increasing adoption of diverse SaaS tools across departments.
In December 2021, Atmosec raised USD 6 million in a seed funding round led by Glilot Capital Partners and Battery Ventures, with additional investment from cybersecurity industry leaders. In September 2023, the company was acquired by cybersecurity giant Check Point Software Technologies for an undisclosed sum to enhance Check Point's SaaS security offerings within its Infinity platform.

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

Security company Check Point has acquired SaaS platform security and management startup Atmosec, with the aim of integrating its technology into Check Point's unified "Infinity" security architecture. The details of the transaction were not disclosed. Atmosec provides tools for discovering and disconnecting malicious SaaS platforms, detecting authorized and unauthorized platforms, preventing connections from third-party platforms, and fixing misconfigurations. This is Check Point's second acquisition in two months, following its purchase of secure service edge company Perimeter 81 in August. Other cybersecurity companies, including Rubrik and Honeywell, have also been acquiring Israeli startups recently.

Atmosec

Sources

About EDGE

Contact Us

Resources

Area of Focus

Technology Research Made Effortless