Cloud

5/9/2018
12:45 PM
Dark Reading
Dark Reading
Products and Releases
50%
50%

Protego Secures $2 Million in Seed Funding for Serverless Security Platform

Baltimore, MD – May 9, 2018 – Protego, developer of the first comprehensive security solution built for serverless, today announced it has secured $2 million in seed funding from a team of investors led by Ron Gula of Gula Tech Adventures, Glilot Capital Partners, and the MetroSITE Group of security industry pioneers, including former RSA CTO, Tim Belcher.

“Protego is the first and only platform of its kind that delivers full life-cycle security to serverless applications from deployment to run-time – that can be up and running in just 20 minutes,” said Tsion (TJ) Gonen, CEO and Co-Founder of Protego.  “With this investment, Protego will continue to work with customers and partners to broaden our offering and bring the product to market.”

According to Gula, serverless computing represents a transformative step in leveraging the full potential of the cloud, but it will require enterprises think and act differently about application security. “Serverless offers tremendous improvements in speed, simplicity, and cost-savings, but it also presents a host of new threats and security challenges that traditional application security cannot handle. Protego offers a security solution designed specifically for serverless in mind, putting it at the forefront of this major technology shift,” Gula said.

Protego works by continuously scanning your serverless infrastructure, including functions, logs, and databases, to help increase the application’s security posture and minimize the attack surface. Using machine-based analysis and deep learning algorithms, Protego builds a model of normal function behavior to effectively detect threats, anomalies, and malicious attacks as they initiate and propagate. Protego also identifies and prevents attacks in real time and provides the "minimum effective dose" of protection in the right place, maximizing your security while minimizing your costs.

“As serverless computing upends how information technology is delivered, enterprises will scramble to figure out how to implement proper security,” said Arik Kleinstein, Co-founder & Managing Partner at Glilot Capital Partners. “We are excited to partner with the team at Protego to help them bring a powerful security solution to the serverless space.”

Recently, Protego won the Startup Competition for the most innovative cyber initiative at the Cybertech Tel Aviv 2018 Conference. The competition, powered by YL Ventures, selects the startup that suggests an innovative technology or groundbreaking solution, and demonstrates the best potential to become a successful company.

Protego currently has offices in Maryland and Israel. To learn more about Protego or see a demo visit www.protego.io.

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Election Websites, Back-End Systems Most at Risk of Cyberattack in Midterms
Kelly Jackson Higgins, Executive Editor at Dark Reading,  8/14/2018
Intel Reveals New Spectre-Like Vulnerability
Curtis Franklin Jr., Senior Editor at Dark Reading,  8/15/2018
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Current Issue
Flash Poll
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2018-13435
PUBLISHED: 2018-08-16
** DISPUTED ** An issue was discovered in the LINE jp.naver.line application 8.8.0 for iOS. The Passcode feature allows authentication bypass via runtime manipulation that forces a certain method to disable passcode authentication. NOTE: the vendor indicates that this is not an attack of interest w...
CVE-2018-13446
PUBLISHED: 2018-08-16
** DISPUTED ** An issue was discovered in the LINE jp.naver.line application 8.8.1 for Android. The Passcode feature allows authentication bypass via runtime manipulation that forces a certain method's return value to true. In other words, an attacker could authenticate with an arbitrary passcode. ...
CVE-2018-14567
PUBLISHED: 2018-08-16
libxml2 2.9.8, if --with-lzma is used, allows remote attackers to cause a denial of service (infinite loop) via a crafted XML file that triggers LZMA_MEMLIMIT_ERROR, as demonstrated by xmllint, a different vulnerability than CVE-2015-8035 and CVE-2018-9251.
CVE-2018-15122
PUBLISHED: 2018-08-16
An issue found in Progress Telerik JustAssembly through 2018.1.323.2 and JustDecompile through 2018.2.605.0 makes it possible to execute code by decompiling a compiled .NET object (such as DLL or EXE) with an embedded resource file by clicking on the resource.
CVE-2018-11509
PUBLISHED: 2018-08-16
ASUSTOR ADM 3.1.0.RFQ3 uses the same default root:admin username and password as it does for the NAS itself for applications that are installed from the online repository. This may allow an attacker to login and upload a webshell.