Cloud IT security solutions developer GreenSQL Ltd. has raised $7 million. Jerusalem Venture Partners (JVP) led the round, joined by all current investors - Magma Venture Partners, Rhodium Ventures, Atlantic Capital Partners, Gandyr and 2Bangels. The company will use the proceeds to support international business expansion and the growing needs of enterprise clients to secure their database applications as they migrate to the cloud.
GreenSQL's software is installed in the database to secure it from modern cyber-attacks, preventing prevents SQL injection attacks (today's number 1 data breach method). It has over 150,000 downloads worldwide and provides protection from internal and external threats in real time.
"This strategic partnership with JVP will allow GreenSQL to expand its activities globally and capitalize on our leading position in securing database deployments over cloud platforms like Amazon RDS and Microsoft Azure," said GreenSQL CEO Amir Sadeh. "Our low-touch solutions allow organizations to overcome their top database security and compliance concerns by complying with the latest database regulations requirements, blocking unauthorized database access, and auditing the activities of authorized users. Our solutions can be applied to databases at the corporate or department level, and deployed on-premises or over the cloud."
Published by Globes [online], Israel business news - www.globes-online.com - on April 9, 2014
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