Saporo, a Lausanne, Switzerland-based cyber security startup, raised $2.7M in pre-seed funding.
The round was co-led by Session VC and Lightbird Ventures.
The company intends to use the funds to expand the team to 12 people in 2022, with key hires being made in data science, security research and engineering development, to further product development, exploring new markets and growing the customer base.
Co-founded by the two brothers Olivier and Guillaume Eyries, and researcher Éric Blavier, Saporo provides a technology platform that enables any organisation to model and measure its resistance to anticipate attacks and make informed decisions about managing its risk without the need to think like an attacker.
The technology proactively stress-tests user and system access risks before attackers can exploit them. The product uses machine-learning driven analysis and graph theory to test an organisation’s attack surface, and the relationships between assets, users, and computers, against millions of threat scenarios.
Saporo can also help organizations safely move to the cloud and currently supports Microsoft AD and Azure, with AWS, GCP, Okta and IaaS also integrated by the end of this year.
The technology continuously and contextually quantifies the security impact and exploitability of systems configurations. Saporo can then measure how much effort would be required for attackers to compromise resources. This allows organisations to identify and prioritise paths that attackers could take in various attacks like ransomware.
The company is already working with healthcare, banking, and insurance businesses.
FinSMEs
20/01/2022