Connect with us

Hi, what are you looking for?

Jewish Business News

StartUps

Israeli Startup Upwind Security Raises $80

And Harmonya Raises $20 Million.

Upwind Security

Upwind Security Founders (from website)

Upwind Security, an Israeli startup that develops a security platform that protects cloud infrastructure in real time, raised $50 million in additional funding. When added to $30 million raised in a seed round just 10 months ago, the company has now brought in $80 million. And Harmonya, another Israeli startup that has developed an AI-powered product data platform, raised a $20 million in a Series A round of funding led by Bright Pixel Capital.

Founded in 2021 by CEO Cem Kent, CPO Ram Etzion, and CTO Dima Machlin in the Team8 foundry, Harmonya baosts that it is the all-in-one AI-powered product data enrichment, categorization, and insights platform for retailers and brands. Legacy product data lacks descriptive and diagnostic power and limits what organizations can do, explains the company. Harmonya enriches your product data with deeper attributes and characteristics to power more impactful analytics and decision-making.

“When a new consumer trend emerges, like Sustainability or Wellness, CPGs and retailers need to go over all of their existing products after the fact and manually add attributes to each,” said Cem Kent, CEO and Co-Founder of Harmonya. “This limits their ability to quickly identify and respond to emerging consumer preferences, power accurate demand forecasting, and create tailored shopping experiences.”

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.

Founded by Amiram Shachar and his founding partners from Spot.io (sold to NetApp for $450 million), Liran Polak, Lavi Ferdman, and Tal Zuri, Upwind Security says that its mission is to empower organizations to run cloud environments and accelerate their businesses by focusing on what is next — helping make cloud-native security simple, effective, and easy to consume.

“At Upwind, we are beginning our journey from a different starting line,” Amiram Shachar said. “We are entering a well-established security ecosystem as underdogs, starting with the very basics and working closely with hundreds of security leaders to understand their pain points better than anyone else on the market. This customer-obsessed approach is not a cliché, it is a strategy. A deep understanding of the issues facing security leaders in the realm of cloud security is the tailwind that is pushing Upwind forward, allowing us to bring something new and needed to the industry.”

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Life-Style Health

Medint’s medical researchers provide data-driven insights to help patients make decisions; It is affordable- hundreds rather than thousands of dollars

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...