DoControl Emerges From Stealth With SaaS Security Platform
DoControl emerged from stealth mode on Monday with an automated data access controls platform for SaaS applications, and more than $13 million in funding.
The company was founded in 2020 and it’s headquartered in New York City. It raised $3.35 million in seed funding and it recently raised another $10 million in a Series A funding round led by RTP Global, with participation from StageOne Ventures, Cardumen Capital and CrowdStrike’s early stage investment fund, Falcon Fund.
DoControl says it will use the money for its go-to-market strategy and accelerating global expansion. The firm plans on hiring people for its sales, marketing and R&D departments.
DoControl has developed a platform designed to provide data access monitoring, orchestration, and remediation for important SaaS applications, including BambooHR, Box, Google Drive, GitHub, Jira, OneDrive, Salesforce, and Slack.
The platform provides asset management and security policy enforcement capabilities, and it also includes Slack and Microsoft Teams bots that engage with end-users on behalf of IT or security teams for self-service remediation guidance in the case of data leakage, malicious activity and human errors.
“In the last 10 months, the DoControl team has created a category-defining product that helps organizations prevent data breaches by balancing security with business enablement on the world’s most popular SaaS applications. Equally important, we have strongly invested in our security & compliance program to protect our customers’ data at best practice,” Adam Gavish, DoControl co-founder and CEO, said in a blog post on Monday.
Gavish, an Israeli military intelligence veteran, previously served at Google Cloud Cybersecurity, Amazon Consumer Payments, eXelate, and Skyfence.