DoControl, which has developed an automated Software-as-a-Service (SaaS) security platform, announced Thursday that it has raised $30 million in Series B funding led by the global private equity and capital firm -New York-based venture, Insight Partners. . The round also included participation from its existing investors, including StageOne Ventures, Cardumen Capital, RTP Global and CrowdStrike’s early stage investment fund, the CrowdStrike Falcon Fund.

Founded in 2020 by Adam Gavish (CEO), Liel Ran (CTO) and Omri Weinberg (CRO), DoControl has raised $43.3 million to date. The company, which currently employs 50 people, expects to double its headcount following the latest funding round, as well as evolve its product and expand into the US market.

DoControl has developed an automated data access control platform for SaaS applications, improving business security and operational efficiency. The platform mitigates the risk of costly data breaches created by unmanageable data in popular SaaS applications. DoControl’s SaaS data access control solution effectively eliminates enterprise threats created by employee departures, third-party vendors, cross-team collaboration, and more.

“Since data is the new oil, security teams understand that they now need to extend their Zero Trust architecture from identity and network to the SaaS data layer,” explained Adam Gavish, co-founder and CEO of DoControl.

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