RevealSecurity helps protect organizations against malicious activities in enterprise applications, has raised a $16 million Series A funding round. The round was led by SYN ventures, with participation from Hanaco Ventures, SilverTech Ventures and World Trade Ventures. RevealSecurity previously raised $7 million in a Seed round.
The market-wide shift for business-critical functions from on-prem to SaaS and the cloud has expanded the attack surface for malicious activities by imposters and trusted users. This trend has resulted in a greater need for solutions that monitor user activities accurately, to detect business process attacks in a way that scales across multiple different types of applications. RevealSecurity’s detection solution is application agnostic, analyzing user journeys in and between different applications – SaaS, cloud and custom-built applications.
