Protego Labs raises $2 million seed funding

Protego Labs, a Baltimore-based serverless security start-up, has raised $2 million in seed funding. The round was led by Gula Tech Adventures, Glilot Capital Partners, and the MetroSITE Group of security industry pioneers, including former RSA CTO, Tim Belcher.

According to Tsion (TJ) Gonen, CEO and Co-Founder of Protego Labs, the funds will be used to continue to work with customers and partners to broaden its offering and bring the product to market.

Protego’s platform aims to secure serverless enterprises (using cloud-based computing) by continuous scanning of the serverless infrastructure. Using machine-based analysis and deep learning algorithms, it builds a model of ‘normal’ behaviour, allowing it to detect anomalies which may represent threats. The company also recently won the startup award for the most innovative cyber initiative at the Cybertech Tel Aviv 2018 Conference, powered by YL Ventures.

“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.”

Researcher, writer, recovering medievalist. Currently particularly interested in the cybersecurity solutions market, cyber insurance/risk modelling, and IoT security.

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