devOcean, Founded by the Former GMs of CyberArk, Lands $6 Million Seed Round to Lead Cloud-Native Security Operations

devOcean enables security teams to clearly see every cloud related risk, providing an efficient and simple way to prioritize and remediate security vulnerabilities across all of an app’s layers  

devOcean, the leading platform for Cloud-Native Security Operations, announced its launch out of stealth as well as the completion of a $6 million seed financing round. The funding round was led by Glilot Capital Partners with participation from angel investors, including Former Google CISO Gerhard Eschelbeck, Amazon’s Head of Security Audit Adam Hirsch, and Dome9 Security founder Zohar Alon, among others.

The move to cloud requires a completely new approach to security operations. Cloud native applications are composed of multiple layers, with each layer having its own  security issues which require unique, specialized security solutions. Additionally, each  layer of an app is created and managed by a different development team within an  organization. Taken together, this creates a multilayered and siloed environment, with a  chaotic web of responsibilities, tools, and alerts. This becomes even more complex when  combined with the lack of standardization in policies and infrastructures between public  cloud providers.

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The constant need to navigate this complex web in order to prioritize security issues and  determine which team is responsible for resolving them is a significant cause of frustration  for CISOs. Additionally, the current best practice to prioritize and assign responsibility for  fixing these issues is by manually going through each security tool and inputting every  alert.

According to Gartner research conducted by Mark Wah, Sr Director Analyst, and Charlie Winckless, Sr Director Analyst, titled “Emerging Technologies: Future of Cloud Native Security Operations,” (November 17, 2021), “adoption of cloud-native services is growing and cloud-native workloads are ephemeral, with a rapid rate of change from development to production that will extend security operations use cases to development.”

devOcean’s SaaS platform enables security teams to overcome these challenges by  collecting security insights from all cloud and security tools, generating a single “pane of  glass” that exposes each risk and its corresponding effect on every part of the cloud  application. With an understanding of the most critical threats, security teams can  prioritize risks and work alongside operations, product, and development teams to  effectively install security policies, while enabling CISOs to accurately suggest which team  is responsible for patching a vulnerability and fixing an issue. Additionally, devOcean’s  platform provides recommendations on how to fix the risk as efficiently as possible.  Security teams and developers can even open tickets on the platform to create automated  workflows and assign tasks directly to the relevant team.

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“devOcean is the first platform to create a dedicated cloud SecOps layer that is aimed at making order out of cloud application security chaos,” said Doron Naim, Co-founder and CEO of  devOcean. “Security teams use sophisticated detection tools to find issues, but none of them help solve those effectively across all layers. Our goal is to make cloud security operations effective and efficient, enable SecOps teams to solve more issues, focus on the most critical risks, and shorten the remediation lifecycle.”

“devOcean’s technology combines our deep knowledge of both cybersecurity and the cloud  environment and was formed with the mission to help companies close a significant risk in  their cloud deployments,” said Gil Makmel, CTO of devOcean. “Our solution cuts through  the multi-layered environment that is inherent in cloud native applications, giving our  customers the ability to freely develop the apps they want while ensuring the highest levels  of security.”

“The complexity and agility of Cloud Native applications makes it almost impossible to  handle without a dedicated system, leading some organizations to attempt to build their  own cloud native security management platforms at a great cost and with limited success,”  said Kobi Sambrousky, Co-Founder and Managing Partner at Glilot Capital Partners. “We  are proud to invest in devOcean and look forward to working closely with the team as it deploys a product that we anticipate will have immediate and immense market demand.”

“devOcean’s unique capability to tell a multilayered story that gathers security data from multiple sources – saves precious time and drives down costs.” said Gerhard Eschelbeck, former CISO, Google.

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