Build.security

Company Overview

Snapshot

Founded in January 2020 by Amit Kanfer and Dekel Braunstein, Build.security operated with 1–10 employees. The company secured $6M in total capital across one funding round from 7 investors, with YL Ventures as a lead investor. A significant milestone occurred in September 2021 when Build.security was acquired by Elastic.

Business overview

Build.security developed an authorization policy management platform designed to enable rapid application RBAC and ABAC with fine-grained access controls and decoupled logic. Leveraging Open Policy Agent and open-source principles, the platform utilized API-based data sources to help development teams build and enforce enterprise-grade access controls across their application portfolios, ensuring compliance and critical security standards are met efficiently. The company operated within the Cyber Security sector, focusing on application and website security for enterprise and professional services, particularly in software development.

Strategic signal

In August 2021, Elastic announced its acquisition of Build.security, a move that significantly enhanced Elastic's security capabilities by integrating Build.security's authorization policy definition and enforcement technology. This acquisition signaled a strategic expansion for Elastic into advanced access control and policy management, validating Build.security's innovative approach to leveraging Open Policy Agent for enterprise security. For investors, this demonstrated the high value placed on robust, scalable authorization solutions within the cybersecurity market and Elastic's commitment to strengthening its security offerings.

Company Intelligence Q&A

When was Build.security acquired?

Build.security was acquired by Elastic in September 2021.

What was the total capital raised by Build.security?

Build.security raised a total of $6M across one funding round.

Which investors participated in Build.security's funding round?

In November 2020, Build.security raised funding from investors including YL Ventures.

What recognition did Build.security receive in 2021?

In August 2021, Build.security was named a winner for Top 10 Cybersecurity Startups for 2021 by Cyber Defense Magazine.

What is the core technology of Build.security's platform?

Build.security's platform leverages Open Policy Agent and API-based data sources to build and enforce enterprise-grade access controls, providing lightning-speed application RBAC and ABAC with fine-grained access controls.