Company Overview
Snapshot
Founded in October 2021 by Liat Hayun and Assaf Weiss, Eureka Security operates with 11–50 employees. The company raised $8 million across two funding rounds from eight investors, with ICI Fund and YL Ventures participating. Eureka Security was acquired by Tenable in June 2024, marking a significant exit for the cloud data security posture management platform.
Business overview
Eureka Security provides a cloud data security posture management platform designed to help security teams manage the expansion and growth of cloud data. Its core technology automatically discovers enterprise cloud data store footprints, content, and associated security and compliance risks. The platform continuously monitors, improves, and communicates cloud data security posture and compliance, enabling enterprise users to store, access, and leverage data with integrated guardrails. Eureka Security serves the Cyber Security sector, focusing on Data Security and Cloud Security for enterprise clients.
Strategic signal
In June 2024, Eureka Security was acquired by Tenable, a move that integrates Eureka's data security posture management capabilities into Tenable's cloud security platform. This acquisition signals a strategic consolidation within the cybersecurity market, highlighting the increasing importance of comprehensive cloud data security solutions. For investors, this demonstrates the high demand for specialized security technologies that can address the complexities of multi-cloud environments and the potential for successful exits in this sector.
Company Intelligence Q&A
- What was a significant recent corporate development for Eureka Security?
- In June 2024, Eureka Security was acquired by Tenable. This acquisition integrated Eureka's data security posture management capabilities into Tenable's cloud security platform.
- When did Eureka Security raise its Seed round?
- In January 2022, Eureka Security raised an $8 million Seed round. YL Ventures led this round, with participation from investors including Assaf Rappaport.
- What was the focus of the report published by Eureka Security and YL Ventures?
- In January 2023, Eureka Security and YL Ventures jointly published a seminal report addressing cloud data security challenges within the multi-cloud era.
- What is the primary function of Eureka Security's platform?
- Eureka Security's platform enables security teams to manage and secure cloud data by automatically discovering data store footprints, content, and associated security and compliance risks, while continuously monitoring and improving cloud data security posture.
- Who are the co-founders of Eureka Security?
- Eureka Security was co-founded by Liat Hayun, who serves as CEO, and Assaf Weiss, who is the CTO.