Grip Security Overview
Grip Security is a pioneer in SaaS identity risk management, providing innovative solutions to help enterprises address the security risks associated with widespread SaaS adoption. The company’s SaaS Security Control Plane platform helps companies discover, prioritize, secure and orchestrate the mitigation and remediation of risks. The innovative approach of leveraging identity as the key control point allows companies to secure all SaaS applications and empowers enterprises to embrace SaaS adoption securely.
Cumulative Funding Raised Over Time ($)
$6.0MApr 2021
$47.0MAug 2023
$66.0MDec 2021
$66.0MMar 2023
Latest News
growth-positive
Grip Security Launches Industry’s Only SaaS Security Posture Management Solution Built on a Foundation of Visibility and Automation
Grip Security has announced the release of its SaaS Security Posture Management (SSPM) solution, designed to proactively address SaaS security risks by identifying misconfigurations and enforcing best practices. The solution integrates visibility and automation to streamline operations, automate risk reduction, and ensure continuous compliance. Grip SSPM is part of a broader platform that provides comprehensive protection across the SaaS ecosystem, offering features such as automated security configuration checks, policy compliance, guided remediation, and extensive integrations. The solution aims to reduce the attack surface and maintain compliance at scale, supporting organizations in managing SaaS security initiatives effectively.
growth-positive
GuidePoint Security Named the Grip Security 2025 U.S. Partner of the Year
Grip Security has announced GuidePoint Security as its 2025 U.S Partner of the Year, highlighting the success of their strategic partnership. This collaboration focuses on addressing SaaS security challenges, including identity risks and unmanaged SaaS sprawl. Grips SaaS Security Control Plane (SSCP) platform, combined with GuidePoints cybersecurity expertise, provides comprehensive solutions for managing SaaS security posture. The partnership aims to help enterprises maintain robust security and compliance while adopting SaaS solutions. The recognition underscores the effectiveness of their joint efforts in providing top-tier cybersecurity services and promoting secure SaaS adoption.
Partners
growth-positive
Grip Security raises $41 million led by Daniel Loeb's Third Point Ventures | CTech
Grip Security, a cybersecurity company, has raised $41 million in Series B funding, bringing its total funding to $66 million. The funding round was led by Third Point Ventures, and other investors included YL Ventures, Intel Capital, and The Syndicate Group. Grips solution helps companies manage the use of SaaS applications by employees to mitigate risks. The companys valuation is estimated to be around $200-$400 million. Grip plans to use the funds to expand its workforce and aims to double its size to 150 employees within a year and a half. The company has experienced significant revenue growth, with a 400% increase in the last year.
InvestmentExpand
growth-positive
Grip Security Receives Investment from The Syndicate Group
Grip Security, a SaaS security company, has received an investment from The Syndicate Group. The amount of the deal was not disclosed. The investment will be used to accelerate the companys channel-led growth strategy, with the aim of tripling its bookings from the previous fiscal year. Grip Security provides a SaaS Security Control Plane solution that helps companies with discovery, access control, and data governance for all SaaS applications. The platform simplifies SaaS security operations with built-in automation.
Investment
growth-positive
Grip Security Named 2022 Emerging Vendor by CRN®
Grip Security has been named to CRNs 2022 Emerging Vendors You Need to Know list in the Security category. The companys SaaS Security Control Plane solution helps companies modernize their security architecture and secure business-led IT. Grip Securitys platform automates security processes and allows security teams to scale and enforce risk management policies. The recognition from CRN highlights the companys technological advancements and commitment to working with channel partners. Grip Security is backed by YL Ventures and Intel Capital. The article does not mention any specific customers, acquisition or investment amounts, layoffs, or partners. The event described in the article occurred on July 19, 2022.
Partners
| Sector | Cyber Security |
Funding
| Total funding | $66M |
| Last funding | $41M |
| Stage | B |
| Rounds | 4 |
| Investors | 12 |
Team Members
3
Employees: 51-200
Web & Social Links
| Website | www.grip.security |
Locations
Yigal Alon St 82, Tel Aviv-Yafo, Israel
Photos & Videos
No files yet
Grip Security Business
Business models
B2B
Product stage
Released
Employees
51-200
Sector
Cyber SecurityApplication & Website SecurityTarget Customer
Enterprise & Professional ServicesEnterprisesCore Technology
Platforms & InterfacesSoftwareTags (6)
risk-managementsecuritysaascyber-securityenterprise-securityenterprise-solutionsGrip Security Financials
$66M
Total funding
Undisclosed
Capital raised
$41M
Last funding
B
Funding stage
4
Total rounds
12
Investors
Cumulative Funding Raised Over Time ($)
$6.0MApr 2021
$47.0MAug 2023
$66.0MDec 2021
$66.0MMar 2023
Private Equity Funding
B Round
Aug 2023
$41M
Third Point Ventures (Lead)
,
Strait Capital, Intel Capital, YL Ventures, The Syndicate Group
Undisclosed Round
Mar 2023
Undisclosed
The Syndicate Group (Lead)
A Round
Dec 2021
$19M
Intel Capital (Lead)
,
FundFire, YL Ventures
Seed
Apr 2021
$6M
YL Ventures (Lead)
,
Sounil Yu, StoneMill Ventures, Sameer Sait, Andy Ellis, Michael Sutton, George Kurtz
Grip Security Lifecycle
Cumulative Funding Raised Over Time
$6.0MApr 2021
$47.0MAug 2023
$66.0MDec 2021
$66.0MMar 2023
All Events
B Round
Aug 2023
$41M
Third Point Ventures (Lead)
,
Strait Capital, Intel Capital, YL Ventures, The Syndicate Group
Undisclosed Round
Mar 2023
Undisclosed
The Syndicate Group (Lead)
A Round
Dec 2021
$19M
Intel Capital (Lead)
,
FundFire, YL Ventures
Seed
Apr 2021
$6M
YL Ventures (Lead)
,
Sounil Yu, StoneMill Ventures, Sameer Sait, Andy Ellis, Michael Sutton, George Kurtz
Grip Security News
10 articles
growth-positive
Grip Security Launches Industry’s Only SaaS Security Posture Management Solution Built on a Foundation of Visibility and Automation
Grip Security has announced the release of its SaaS Security Posture Management (SSPM) solution, designed to proactively address SaaS security risks by identifying misconfigurations and enforcing best practices. The solution integrates visibility and automation to streamline operations, automate risk reduction, and ensure continuous compliance. Grip SSPM is part of a broader platform that provides comprehensive protection across the SaaS ecosystem, offering features such as automated security configuration checks, policy compliance, guided remediation, and extensive integrations. The solution aims to reduce the attack surface and maintain compliance at scale, supporting organizations in managing SaaS security initiatives effectively.
growth-positive
GuidePoint Security Named the Grip Security 2025 U.S. Partner of the Year
Grip Security has announced GuidePoint Security as its 2025 U.S Partner of the Year, highlighting the success of their strategic partnership. This collaboration focuses on addressing SaaS security challenges, including identity risks and unmanaged SaaS sprawl. Grips SaaS Security Control Plane (SSCP) platform, combined with GuidePoints cybersecurity expertise, provides comprehensive solutions for managing SaaS security posture. The partnership aims to help enterprises maintain robust security and compliance while adopting SaaS solutions. The recognition underscores the effectiveness of their joint efforts in providing top-tier cybersecurity services and promoting secure SaaS adoption.
Partners
growth-positive
Grip Security raises $41 million led by Daniel Loeb's Third Point Ventures | CTech
Grip Security, a cybersecurity company, has raised $41 million in Series B funding, bringing its total funding to $66 million. The funding round was led by Third Point Ventures, and other investors included YL Ventures, Intel Capital, and The Syndicate Group. Grips solution helps companies manage the use of SaaS applications by employees to mitigate risks. The companys valuation is estimated to be around $200-$400 million. Grip plans to use the funds to expand its workforce and aims to double its size to 150 employees within a year and a half. The company has experienced significant revenue growth, with a 400% increase in the last year.
InvestmentExpand
growth-positive
Grip Security Receives Investment from The Syndicate Group
Grip Security, a SaaS security company, has received an investment from The Syndicate Group. The amount of the deal was not disclosed. The investment will be used to accelerate the companys channel-led growth strategy, with the aim of tripling its bookings from the previous fiscal year. Grip Security provides a SaaS Security Control Plane solution that helps companies with discovery, access control, and data governance for all SaaS applications. The platform simplifies SaaS security operations with built-in automation.
Investment
growth-positive
Grip Security Named 2022 Emerging Vendor by CRN®
Grip Security has been named to CRNs 2022 Emerging Vendors You Need to Know list in the Security category. The companys SaaS Security Control Plane solution helps companies modernize their security architecture and secure business-led IT. Grip Securitys platform automates security processes and allows security teams to scale and enforce risk management policies. The recognition from CRN highlights the companys technological advancements and commitment to working with channel partners. Grip Security is backed by YL Ventures and Intel Capital. The article does not mention any specific customers, acquisition or investment amounts, layoffs, or partners. The event described in the article occurred on July 19, 2022.
Partners
growth-positive
ליאור יערי, אלון שנקלר ועידן פסט - Forbes Israel
Grip Security, a cybersecurity company, has raised $25 million in funding and plans to expand its team to 75 employees by the end of the year. The company has developed a unique technology that maps and presents all SaaS applications used by organizations, allowing security teams to enforce organizational security policies on these applications. Grip Security already has dozens of customers, including large American organizations employing 12,000 workers. The founders, who served together in the military, aim to lead the industry in the coming years.
CustomersExpand
growth-positive
Grip Security raises $19M Series A for its SaaS security platform
Tel Aviv-based startup Grip Security has raised $19 million in a Series A funding round led by Intel Capital. The company helps enterprises protect their data in SaaS applications and has shown significant growth since its founding in February. Grip provides businesses with a full SaaS inventory within 15 minutes of installation, without the need for agents or proxies. The company plans to expand its vision to offer a comprehensive access management solution. Grips quick and easy deployment process has the potential to change the way SaaS security interacts with business workflows.
Investment
growth-positive
Grip Security raises $6M to improve SaaS security
Tel Aviv-based Grip Security has raised a $6 million seed round led by YL Ventures to provide enterprises with full visibility into their SaaS portfolios through enforceable endpoint-centric access controls and new data governance capabilities. The funding will be used to build out the platform and expand the team.
Investment
growth-positive
תראו את רשימת בכירי הסייבר שהשקיעו עכשיו ב-Grip Security הישראלית
Grip Security, an Israeli cybersecurity company, has raised $6 million in funding. The companys technology identifies and maps nearly 100% of SaaS applications used by organizations, allowing them to secure and monitor employee usage while protecting sensitive information. Grip Securitys solution provides a layer of protection for accessing various SaaS applications, manages access permissions, and tracks data flow between applications and devices. The funding round was led by YL Ventures, with participation from cybersecurity experts and industry leaders. The company aims to address the limitations of existing solutions developed a decade ago and cater to modern organizational needs. Grip Security underwent a thorough due diligence process and received feedback from over 15 international cybersecurity experts. The companys founders have a background in cybersecurity and venture capital.
CustomersPartners
growth-positive
Grip Security aims to simplify and automate SaaS endpoint security
Grip Security, an Israeli cybersecurity startup, aims to revolutionize SaaS security with an enforceable endpoint-centric approach. The company has raised $6 million in a funding round led by YL Ventures and has attracted notable business angels. Grip Security competes with other SASE startups in the market but believes existing SaaS security tools lack comprehensive solutions and visibility. The company plans to develop a platform that automatically tracks all applications, adds a security layer, and provides greater visibility and protection against sensitive data flows. Grip Security has already deployed an initial product and plans to increase its customer count and expand its team.
InvestmentExpand
Grip Security Team
Employee Info
| Employees (range) | 51-200 |
| Exact count | 145 |
| Team members | 3 |
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Grip Security Internal
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Admin Info
| Confidence | 99/100 |
| Missing | video or image, markets |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 516298759 |
| Crunchbase | grip-security |
| Creator | Jenny Sotnik-Talisman |
| Creator email | genys30@yahoo.com |
| Last updater | Yanina Wainscheinker |
| Updater email | yanina.wainscheinker@sncentral.org |
| Last update | 2023-11-29T00:00:00.000Z |
| Created | 2021-04-20T00:00:00.000Z |
| Claimed | Yes |