The 10 Hottest Cloud Computing Startups Of 2020
Cloud computing startups picking up traction this year offer solutions ranging from Apache Airflow as a service to a life sciences R&D cloud software platform, and include a newly emerged security company formed by former ‘white hat’ hackers.
CEO: Shai Morag
Headquarters: Tel Aviv
Ermetic is a cloud identity and access governance company that helps enterprises protect IaaS and PaaS cloud infrastructures by governing identities and access entitlements and enforcing least privilege at scale.
Its cloud security platform provides full-stack visibility and control over multi-cloud infrastructure entitlements. Ermetic eliminates attack surface blind spots and allows organizations to enforce least privilege across their entire cloud infrastructure by analyzing identity and access management policies and the configuration of network, storage and secrets assets.
The company is led by co-founder and CEO Shai Morag, who was cofounder and CEO of Israel-based Secdo, an endpoint detection and response (EDR) vendor, when Palo Alto Networks acquired the company in 2018. Its other cofounders helped build enterprise security companies Aorato, which Microsoft acquired in 2014, and Sygnia, which Temasek, a Singapore investment company, purchased in 2018.
Ermetic emerged from stealth mode in May and announced it has closed a $17.25 million Series A funding round led by Palo, Alto, Calif., venture capital firm Accel and supported by its $10 million, seed-round investors.