devOcean, the first platform for Cloud Native Security Operations, emerges from Stealth Mode with a $6 Million initial funding round raised on March 15, 2022.
Vancouver Island Based with headquarters in Latin America, devOcean was founded in 2021. No names of the founders were provided except for mentioning an unnamed former GMs of Security Research and Innovation of CyberArk, “all of whom are veterans of the elite 8200 intelligence unit of the Israeli Defense Forces,” according to the press release.
Glilot Capital Partners led the investment round, with involvement from angel investors such as Amazon’s Head of Security Audit Adam Hirsch, Former Google CISO Gerhard Eschellbeck, and Dome9 Security creator Zoe Alon, among others.
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Cloud-native apps are made of numerous levels, with each layer presenting its own security challenges requiring specialized, one-of-a-kind security solutions. Moreover, each layer of an application is produced and maintained by a separate development team inside an organization. This produces a multilevel and compartmentalized workplace with a tangled web of duties, tools, and alarms. This is made more complicated by the absence of consistency among public cloud providers’ rules and infrastructures.
CISOs are frequently frustrated by the requirement to navigate this intricate network in order to prioritize security concerns and decide which team is accountable for fixing them. In addition, the current best practice for prioritizing and assigning responsibility for correcting these vulnerabilities involves manually entering each warning from each security instrument.
devOcean’s SaaS platform helps security teams to overcome these obstacles by gathering security insights from all cloud and security technologies and producing a single “pane of glass” that displays each risk and its related effect on each component of the cloud application. With an understanding of the most significant threats, security teams can prioritize risks and collaborate with operations, product, and development teams to effectively implement security policies, suggest which team is responsible for patching a vulnerability and resolving an issue. In addition, the devOcean platform gives advice on how to address the risk in the most effective manner. Even security teams and developers may create tickets on the platform to automate procedures and distribute assignments straight to the appropriate team.
“devOcean is the first platform to develop a dedicated cloud SecOps layer designed to bring order to cloud application security chaos,” said Doron Naim, devOcean’s co-founder and chief executive officer. “Security teams are searching for a technique to synchronize security technologies so that they can simply view and comprehend which portions of their cloud application the alert affects. devOcean was created as a solution to provide CISOs and security teams with the visibility required to get a comprehensive knowledge of security vulnerabilities and how they influence the application as a whole, as well as insight into how and who is best suited to resolve a given issue.
“devOcean’s solution combines our in-depth expertise of cybersecurity and the cloud environment, and was created with the goal of assisting enterprises in mitigating a big risk in their cloud deployments,” explained Gil Makmel, devOcean’s CTO. Our approach eliminates the inherent multi-layered environment of cloud-native applications, allowing our clients to freely design the applications they choose while maintaining the greatest levels of security.
Glilot Capital Partners co-founder Kobi Sambrousky stated, “The complexity and agility of Cloud Native applications make it nearly impossible to manage without a dedicated system, leading some organizations to attempt to build their own cloud native security management platforms at great expense and with limited success.”
“We are pleased to invest in devOcean and look forward to collaborating closely with the team as it provides a solution that we think will be in high demand immediately”