Symmetry Systems, provider of
cutting-edge Data Store and Object Security (DSOS), today emerged from stealth
a year after raising $3 million in seed funding. The round was led by two
premier venture funds investing in foundational and transformative
technologies, ForgePoint Capital and Prefix Capital. Symmetry Systems' flagship
solution, DataGuard, provides unified visibility into data objects across all
data stores, answering data security and compliance questions that traditional
tools cannot. This financing will be used to spearhead product development and
customer support resulting from active pilot deployments in notable healthcare,
fintech, manufacturing and technology organizations.
"Protecting data
at its source is critical to ensure our client environments remain secure.
DataGuard gives us the ability to add an extra layer of data security with more
granular control than what is provided by our application providers. The
flexibility of both on-premise and cloud configurations gives us confidence
that DataGuard can support our current and future application architectures,"
said Integritek's CEO, Brett Paulson.
It has become
increasingly challenging for organizations to protect their sensitive data.
Data now spans across data stores, databases, and data lakes, and is constantly
pooled into a large network of applications hosted in multiple data centers.
Current solutions demand expensive manual effort by developers, privacy
officers and security specialists to keep access policies categorized and up to
date, which is virtually impossible to achieve given the velocity of DevOps.
The result is a fragmented view of overall data risk, leaving customer data
vulnerable and foundational questions unanswered.
"Traditional
approaches to battling the threat landscape have left security teams with an
impossible task: guard your organization's most critical information with tools
that focus on securing the fortress, not its gold," said Symmetry Systems CEO
and Co-Founder, Mohit Tiwari. "We are committed to amplifying the visibility
and control security engineers have over their organization's data by analyzing
information they already have."
"Our seed
investment in Symmetry Systems represents ForgePoint's first founding
investment," said William Lin, co-founder and partner of ForgePoint Capital.
"From the original thesis, to the introduction to Mohit, to the investment, to
helping build the company over the past year, every decision has been driven
based on feedback from CISOs and security practitioners in our collective
networks. It has been a lot of fun to collaborate with friends over the past
year here."
Organizations have
focused their security spend on applications and infrastructure tools that
treat protecting data as a side effect. This creates a blind spot for security
engineers who struggle to find ground-truth visibility within their
organization's data stores, leaving sensitive customer information such as PII,
PCI, and PHI, exposed. Symmetry DataGuard learns how data is used, accessed,
and managed, whether by your organization or a partner, to deliver actionable
visibility, least privilege policies and guided response. By enabling
developers to move quickly to meet customer demand, while still being good custodians
of user data, security engineers are empowered to drive compliance,
detection-response, and data-store specific defenses by default.