Dig Security – Developer of the Industry Leading Data Security Platform
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Dig Security - Developer of the Industry Leading Data Security Platform
|Company size (employees)||50 to 99|
|Headquarters Region||Middle East|
In less than a year, Dig Security has achieved outstanding momentum and growth. Within seven months, they doubled their team, and hired senior leaders from first line cyber security companies such as BigID and SafeBreach. Dig built a production-ready solution, and deployed it in-market with incredible results.
In May 2022, Dig emerged from stealth with $11 million in seed funding and a combined Data Security Posture Management (DSPM) and Data Detection and Response (DDR) solution with cloud data loss prevention (DLP) capabilities already in use in the market. Its cloud data security technology has been proven effective across all of its deployments, starting with an initial project at a large U.S. bank and now in use across dozens of mid-to-large-sized companies.
Just four months later, Dig’s secured a $34 million Series A investment led by San-Francisco-based venture capital firm, SignalFire, with participation from Felicis Ventures; Okta Ventures; Nir Polak, Venture Partner at SignalFire and Founder and Chairman of the Board at Exabeam; Jack Huffard, Co-Founder of Tenable; and existing investor, Team8. Dig’s Series A brought its total funding to $45 million less than a year after its seed round in October 2021.
Its three co-founders, Dan Benjamin, Ido Azran, and Gad Akuka, are all second-time founders who have combined their experience to tackle a very real problem they observed first-hand in their previous roles. Dan Benjamin, CEO, held leadership roles at Google Cloud & Microsoft, where he oversaw the largest CASB solution in the market. In that role, he identified the five places where enterprises hold data – endpoints, emails, on-prem, SaaS, and public cloud – and saw that there was no solution to protect data in the public cloud, despite rapid adoption. The Dig founders have created a business that has made a measurable impact on data security.
In the past year, Dig has established an early customer base with dozens of customers to-date, including Fortune 500 companies, leaders in financial services, and business software and innovative SaaS-based technology companies across the U.S., Europe, and Israel.
The Dig Data Security Platform is the industry's first and only solution to combine data security posture management (DSPM), data loss prevention (DLP), and data detection and response (DDR) capabilities into a single platform. Dig is the only data security solution on the market that provides real-time data detection and response (DDR) to threats against data to stop potential data breaches early in the kill chain. Dig can scan data from an entire environment in less than a minute, Data never leaves the customers cloud environment and without interference with ongoing business processes. Dig delivers detailed classification in under 48 hours, and identifies new risk events in under two minutes for comprehensive cloud data protection.
The Dig Data Security Platform empowers business units to see and control their data, with governance that covers data owner assignments, risk evaluations, and alerts on actions that could violate its organizational compliance standards. Unlike other cloud security providers, Dig uses a comprehensive threat model for cloud data attacks that detects, analyzes and instantly responds to cloud data threats to minimize business impact and damage with an average mean-time-to-detection (MTTD) of less than a minute. Its proprietary policy engine provides real-time protection of a company’s entire cloud data estate. Based on its unique database of hundreds of real-life attacks, Dig issues alerts of any security violations and suspicious actions, in minutes.