Dig Security

Company Overview

Snapshot

Founded in September 2021 by Dan Benjamin and Gad Akuka. The company was acquired by Palo Alto Networks in October 2023.

Business overview

Dig Security provides a data risk detection and response solution that discovers and classifies data assets stored in platform-as-a-service (PaaS), infrastructure-as-a-service (IaaS), and database-as-a-service (DBaaS) environments. Its core technology offers the industry's first real-time data detection and response (DDR) solution, delivering contextualized real-time alerting and insights into data movement and usage within organizations. The company serves enterprises and IT departments, operating within the Cyber Security sector, specifically focusing on Data Security.

Strategic signal

In October 2023, Palo Alto Networks confirmed its acquisition of Dig Security. This acquisition signals a strategic move by a major cybersecurity player to enhance its cloud data security offerings, integrating Dig Security's agentless, out-of-band DDR solution to address the growing need for real-time data protection in complex cloud environments.

Company Intelligence Q&A

When was Dig Security acquired?

Dig Security was acquired by Palo Alto Networks in October 2023.

Which investors participated in Dig Security's February 2023 funding round?

In February 2023, Dig Security secured a strategic investment from Samsung Venture Investment.

Which investors participated in Dig Security's September 2022 funding round?

In September 2022, Dig Security raised funding from investors including lead investor SignalFire.

Which investors participated in Dig Security's May 2022 funding round?

In May 2022, Dig Security raised funding from investors including lead investor Team8.

What was a notable recognition for Dig Security in March 2023?

In March 2023, Dig Data Security Platform won Gold for Data Cloud Security in the Globee Cybersecurity Awards.