Data store and object security startup Symmetry Systems raises $15M
Data store and object security startup Symmetry Systems Inc. today announced it has raised $15 million in new funding to support its rapid growth in revenue, customers and employees.
Prefix Capital and ForgePoint Capital led the Series A round. Other investors include Accenture Ventures, Symmetry Systems and a number of individual investors.
Those individual investors included Tom Gonser, founder of DocuSign Inc.; Omkhar Arasarathnam, engineering director at Google Cloud; Bob Gleichauf, executive vice president at InQTel Inc. and ex-chief technology officer at Cisco Systems Inc.; David Tsao, vice president of security engineering at Marqeta Inc.; and Sameer Sait, chief information security officer at Amazon Whole Foods.
Founded in 2018, Symmetry offers a purpose-built data store and object security or DSOS platform that provides complete visibility and unified access control over valuable data assets, no matter where or how they are stored. The company pitches itself as allowing small teams of security engineers to guard large fleets of data stores and applications by building data security in DevOps infrastructure.
The company’s flagship Symmetry DataGuard offering maintains authority over data even when all else fails, whether the data has been exploited by insider credentials, malicious applications or security fatigue from the rapid onset of remote work. In addition, the service provides unified visibility into data objects across all data stores, answering data security and compliance questions so that cloud and security operations can understand and systematically control data risks.
“At Symmetry, we believe that privacy enables individuals to have agency over their future and that privacy and data security has to be built into infrastructure — cloud today and the edge tomorrow,” Mohit Tiwari, Symmetry’s co-founder and chief executive, said in a statement. “Our work guards what matters most — data — and enables security teams to see through complex cloud permissions, accesses and data types over billions of data objects.”
Including the new funding, Symmetry Systems has raised $18 million to date, according to data from Crunchbase.
Image: Symmetry Systems
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