Sentra Raises $30 Million Series A Financing to Meet Growing Demand for Data Security in the Cloud
NEW YORK and TEL AVIV, Israel, Jan. 31, 2023 /PRNewswire/ -- Sentra, a cloud data security company, today announced the completion of a $30 million Series A funding round led by Standard Investments with participation from Munich Re Ventures (MRV), Moore Strategic Ventures, Xerox Ventures and INT3 as well as existing investors Bessemer Venture Partners and Zeev Ventures. The new financing, secured just 18 months after the company was founded, brings the total capital raised to over $53 million. The company also announced that Standard Investments' Peter Marturano, technology sector head, and MRV's Oshri Kaplan, managing director, will be joining its Board of Directors.
- Sentra enables security teams to gain full visibility and control of cloud data, as well as protect against sensitive data breaches across the entire public cloud stack.
- This funding will enable Sentra to increase its market presence, invest in its technology and partner ecosystem and, grow its team to meet the accelerating demand of Sentra's cloud-native data security solution around the globe.
- As a long-time investor, we have the utmost trust in Sentra's team to meet these challenges and lead the cloud data security space."
- Sentra allows businesses to regain control over their data vulnerabilities and shrink the data attack surface by finding all cloud data, classifying it according to sensitivity, and then offering actionable remediation plans for data security teams.