Polyrize Security

Company Overview

Snapshot

Founded in April 2018 by Nati Hazut and Aviv Gabay, Polyrize Security operated with 11–50 employees. The company raised $4M across two funding rounds from five investors, with Glilot Capital Partners leading one round. Polyrize Security was acquired by Varonis Systems in October 2020.

Business overview

Polyrize Security developed a cyber-security platform designed to help enterprise security teams manage, control, and secure user identities, privileges, and access behavior within cloud environments. Its core technology continuously authorizes identities across various cloud services, even post-login, providing centralized visibility into assigned privileges and their usage to prevent access abuse or misuse of critical business information. The company operated within the Cyber Security sector, focusing on Cloud Security and Identity Security, and primarily served enterprise clients.

Strategic signal

In October 2020, Polyrize Security was acquired by Varonis Systems. This acquisition signifies a strategic consolidation within the cybersecurity market, with Varonis integrating Polyrize's authorization platform to enhance its offerings in cloud identity and access security. For investors, this indicates a successful exit for Polyrize's early backers and highlights the continued demand for specialized cloud security solutions in the enterprise space.

Company Intelligence Q&A

What was a significant corporate milestone for Polyrize Security?

Polyrize Security was acquired by Varonis Systems in October 2020, marking a key exit for the company.

When did Polyrize Security emerge from stealth and announce its initial funding?

In July 2019, Polyrize Security emerged from stealth, announcing it had raised $4M to automate authorization security in the cloud.

Which investors participated in Polyrize Security's initial funding round?

In May 2018, Glilot Capital Partners led a funding round for.

When did Polyrize Security expand its operations to the US?

In March 2020, Polyrize Security expanded its operations to the US, accompanied by new key executive hires.

When did Polyrize Security announce the general availability of its cloud identity and access security platform?

In August 2020, Polyrize Security announced the general availability of its innovative cloud identity and access security platform.