Adaptive Shield, a Tel Aviv, Israel-based SaaS security company, received a strategic investment from Blackstone.
The amount of the deal was not disclosed.
The company intends to use the funds to expand operations and its business reach.
Founded by Maor Bin and Jony Shlomoff, Adaptive Shield speciliazes in SaaS Security that enables security teams to gain deep visibility and control over all business-critical SaaS applications and secure their entire SaaS stack through threat prevention, detection, and response. With Adaptive Shield, organizations can prevent, detect, and respond to identity-centric SaaS threats through Misconfiguration Management, SaaS-to-SaaS Access and Discovery, Identity & Access Governance, Device-to-SaaS User Risk Management, and Identity Threat Detection & Response (ITDR).
The company serves many Fortune 500 enterprises.
FInSMEs
25/07/2023