Dig Security, which develops cloud data security solutions, secured a $34 million Series A investment in September 2022. The round was led by San-Francisco-based venture capital firm, SignalFire, with participation from Felicis Ventures, Okta Ventures and Team8. Dig’s Series A brought its total funding to $45 million less than a year after its Seed round in October 2021. Its Seed round included CrowdStrike, through its Falcon Fund, and CyberArk, alongside Merlin Ventures.
Dig was founded in 2021 by Dan Benjamin, Ido Azran and Gad Akuka, three veteran entrepreneurs who’ve previously founded successful companies that were acquired by major firms. They also gained experience at tech giants including Google and Microsoft.
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.
