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 a total of $4M across two funding rounds from five investors, with Glilot Capital Partners leading one of the rounds. Polyrize Security was acquired by Varonis Systems in October 2020.

Business overview

Polyrize Security is a cyber-security platform designed to assist enterprise security teams in managing and securing 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 operates within the Cyber Security sector, specifically focusing on Cloud Security and Identity Security, serving enterprise and professional services markets globally.

Strategic signal

In October 2020, Polyrize Security was acquired by Varonis Systems. This acquisition signals a strategic move by Varonis Systems to enhance its offerings with Polyrize's authorization platform, indicating a consolidation trend in the cloud security market and validating Polyrize's technology in addressing enterprise identity and access challenges.

Company Intelligence Q&A

When was Polyrize Security founded?

Polyrize Security was founded in April 2018 by Nati Hazut and Aviv Gabay.

What was a significant corporate event for Polyrize Security?

In October 2020, Polyrize Security was acquired by Varonis Systems, leading to its inactive status.

Which investors participated in Polyrize Security's funding rounds?

In May 2018, Glilot Capital Partners led a funding round, with participation from.

What was the purpose of Polyrize Security's expansion in March 2020?

In March 2020, Polyrize Security expanded its operations to the US with new key executive hires, aiming to strengthen its presence in the American market.