Valence Security

Company Overview

Snapshot

Founded in May 2021 by Yoni Shohet and Shlomi Matichin, Valence Security operates with 51–200 employees. The company has raised $32 million across two funding rounds from seven investors. In October 2022, Valence Security secured a Series A round with participation from M12.

Business overview

Valence Security provides collaborative remediation workflows designed to help organizations manage and reduce SaaS-related risks. Its core technology focuses on contextualizing and mitigating data sharing, supply chain, identity, and misconfiguration risks within SaaS applications. The company serves enterprises across various industries, enabling security teams to secure critical SaaS platforms like Microsoft 365, Google Workspace, Salesforce, and Slack, while maintaining compliance and business productivity. Valence Security operates within the Cyber Security sector, specifically addressing application and website security.

Strategic signal

In October 2022, Valence Security announced a Series A funding round, highlighting significant investor confidence in its collaborative SaaS security remediation platform. This investment, with participation from strategic corporate venture arms like M12 and Akamai Technologies, signals strong market validation for Valence Security's approach to addressing complex SaaS security challenges and its potential for continued growth in the cybersecurity landscape.

Company Intelligence Q&A

What is Valence Security's primary focus?

Valence Security focuses on collaborative SaaS security remediation, providing workflows to engage business users in reducing risks associated with SaaS data sharing, supply chain, identity, and misconfigurations.

When was Valence Security founded and by whom?

Valence Security was founded in May 2021 by Yoni Shohet and Shlomi Matichin.

Which investors participated in Valence Security's Series A funding round?

In October 2022, Valence Security secured a Series A funding round with participation from M12.

What was a key recognition Valence Security received in June 2022?

In June 2022, Valence Security swept the Global InfoSec Awards, winning in three categories.

What report did Valence Threat Labs publish in June 2022?

In June 2022, Valence Threat Labs published its first report on CISO perceptions of Shadow SaaS-to-SaaS integration.