Vorlon completes Series A, bringing total funding to $15.7 million for pro-active third-party API security
Vorlon completes Series A, bringing total funding to $15.7 million for pro-active third-party API security
The company helps organizations manage their third-party API attack surface with AI-driven detection, threat intelligence, and remediation capabilities.
Vorlon, a platform for comprehensive third-party API security, has announced that it has completed a Series A funding round led by Accel, bringing its total capital to $15.7 million. The exact number was not disclosed but it has been confirmed that the total amount includes raising “a few million” also from Accel in a Seed round less than two years ago. For the Series A Accel was also joined by Shield Capital.
The company helps CISOs and their security teams proactively secure the third-party APIs that are used by their organizations. With app-to-app communication now representing over 80% of internet traffic, these companies increasingly rely on third-party vendors’ applications or services to drive their business. However, these can pose large security risks usually by granting over-permissive access to sensitive data. Vorlon helps organizations manage their third-party API attack surface with AI-driven detection, threat intelligence, and remediation capabilities.
“Third-party API security is a massive gap in cybersecurity,” said Amir Khayat, CEO and Co-Founder of Vorlon. “Since our launch in February of this year, we’ve seen incredibly high demand for the platform from security teams around the world, so we are beyond grateful to our funding partners for supporting our efforts to expand our business.”
Khayat founded Vorlon with CTO Amichay Spivak. Both Khayat and Spivak worked at Demisto and then Palo Alto Networks after the latter acquired the former for $560 million in 2019.
“In many cases, organizations won’t find out about a vendor's data breach until months after the fact. Vorlon’s ability to reduce the timeline between threat detection and remediation to minutes is what makes this technology so powerful,” said Steve Loughlin, Partner at Accel.
Accel and Shield Capital are joined by additional cybersecurity investors including Demisto co-founders Slavik Markovich, Rishi Bhargava, Dan Sarel, and Guy Rinat. Chief Data Scientist of the U.S. D.J. Patil, former CEO of Exabeam Nir Polak, and CTO of Fox Corporation Paul Cheesborough are also investors.
