Adaptive Shield closes Series A fundraising

Categories: Hi-Tech

Tel Aviv-based start-up Adaptive Shield has closed a USD 30 million Series A funding led by Insight Partners as it looks to expand its business automating the security of software-as-a-service (SaaS) applications

Additional funding came from Okta Ventures and existing investor, Vertex Ventures Israel.

Adaptive Shield was represented by a Yigal Arnon team comprising Kobi Ben-Chitrit, Liron Hacohen and Nitzan Fisher Conforti.