Company Overview
Snapshot
Founded in January 2017 by Kfir Kimhi, Ran Norman, and Guy Ben Mayor, ITsMine operates with 11–50 employees. The company has raised $7.8M across 9 funding rounds from 3 investors. In October 2023, ITsMine secured a grant, underscoring its ongoing development in data security.
Business overview
ITsMine develops data security solutions focused on protecting against ransomware attacks, particularly double extortion incidents. Its platform provides real-time alerts for data exfiltration and features a unique 'RED BUTTON' capability to neutralize critical files even after they have been exfiltrated, leveraging Microsoft Information Protection. The solution is agentless, non-inline, and does not require content-based classification, serving enterprises across global markets, including the United States and Europe, within the cyber security sector.
Strategic signal
In August 2023, ITsMine was recognized as a "Cool Vendor" in Data Security by Gartner Research Group. This acknowledgment signals third-party validation of the company's innovative approach to data protection, enhancing its credibility and visibility within the competitive cybersecurity market and suggesting potential for increased market adoption among enterprises seeking advanced data exfiltration prevention.
Company Intelligence Q&A
- What is ITsMine's core offering?
- ITsMine provides a data security platform designed to prevent and mitigate ransomware attacks, offering real-time data exfiltration alerts and a 'RED BUTTON' feature to kill sensitive files post-exfiltration.
- When was ITsMine recognized by Gartner?
- ITsMine was named a "Cool Vendor" in "Data Security, 2023" by Gartner Research Group in August 2023.
- Which companies have partnered with ITsMine?
- In February 2023, ITsMine collaborated with CrowdStrike to enhance file protection and improve data security. Additionally, in May 2020, Orca Tech signed a distribution agreement with ITsMine, and in March 2020, Axcelerate Consulting Group brought ITsMine to the ANZ region.
- Which investors have participated in ITsMine's funding rounds?
- OurCrowd and Labs/02 have participated in ITsMine's funding rounds, with OurCrowd making a follow-on investment in April 2024.