Thu. Mar 23rd, 2023

Ermetic Receives Investment from Splunk Ventures

Ermetic, a Tel Aviv, Israel- Boston, MA and Palo Alto, CA-based cloud infrastructure security company, received a strategic investment from Splunk Ventures, the corporate venture capital arm of Splunk Inc.

This follows Ermetic’s recent $70M Series B round of financing led by Qumra Capital with participation from new investor Forgepoint Capital and participation from existing investors Accel, Glilot Capital Partners, Norwest Venture Partners and Target Global.

The investment will help Ermetic extend the capabilities of its integrated cloud infrastructure entitlement management (CIEM) and cloud security posture management (CSPM) platform to meet current and emerging customer needs. The company, which has now raised $100M in funding, will also work with Splunk to deepen their product integration and partnership to increase customer value.

Led by Shai Morag, CEO, Ermetic has developed a comprehensive cloud security platform for AWS, Azure and GCP that enables organizations to proactively reduce their attack surface, detect threats and reduce their blast radius in case of a breach. It provides everything from full-stack visibility and actionable risk intelligence, to automated remediation, real-time anomaly detection and compliance.




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