The funding was led by Evolution Equity Partners, with participation from Munich Re Ventures and Glilot Capital Partners.
Emerging from stealth mode just six months ago, Sweet Security employs innovative techniques such as “deep runtime analysis” to enhance the identification and mitigation of cloud-related risks. Its proprietary eBPF-based technology enables the detection of critical anomalies across various facets including applications, networks, and non-human identities, thereby furnishing actionable insights into ongoing activities.
Commenting on the investment, Yuval Ben-Itzhak, General Partner, Evolution Equity Partners, said: “Sweet’s solution shifts cloud security right. Owing to its innovative behavior-based security technology that factors in applications, networks, and identities, the Sweet platform unifies risk reduction across cloud use-cases. The outstanding team, technology, and timing – it’s as Sweet as it gets. We’re excited to join and support the journey.”
With the infusion of capital from the latest funding round, Sweet Security aims to accelerate its expansion efforts in the United States while also bolstering its platform capabilities. The company’s strategic focus on scaling up operations underscores its commitment to providing robust cloud security solutions tailored to the evolving needs of businesses in an increasingly digital landscape.
Dror Kashti, co-founder and CEO, Sweet Security, said: “At first, our broad vision for cloud runtime security was met with skepticism, but we trusted our experience because we have lived the pain our customers experience every day and we knew we could build something they’d love.”
He added: “This round is an incredible validation of our approach; it will enable us to expand our U.S. presence and make cloud runtime insights actionable across a wider set of practitioners.”