Munich Re Ventures backs Sentra
Sentra, a cloud data security company, announced the completion of a $30 million Series A funding round led by Standard Investments, with participation from Munich Re Ventures, Moore Strategic Ventures, Xerox Ventures, INT3, Bessemer Venture Partners, and Zeev Ventures. To date, Sentra has raised to over $53 million.
Founded in 2021 and headquartered in New York City and Tel Aviv, the startup helps organizations discover and remediate the top data security risks in their public environments. Its solution automatically detects if sensitive data is vulnerable due to misconfigurations, over-permissions, unauthorized access, data duplication or other security issues.
“With the growing complexity of securing information in today’s data-driven economy, Sentra’s experienced leadership team and impressive product innovation engine make them extremely well-positioned to address this urgent need at scale. We look forward to working with the Sentra team as they execute on the company’s mission to enhance data security for cloud-driven organizations around the world.” – Yaron Ben David, chief digital officer, Standard Industries.
“In the 18 months since its founding, Sentra’s clear vision and operational efficiency have quickly translated into real value for customers, making its security solution critical to the modern cloud data stack. The need for Sentra’s solution is going to continue to grow as organizations further embrace digital transformation. 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.” – Amit Karp, partner at Bessemer Venture Partners.
“As we help our customers understand and protect petabytes of data, this capital will help us accelerate our plans to enable organizations to get the most out of their data by keeping it secured at all times. This is just the beginning for Sentra. I am extremely proud of what our team has accomplished to date and look forward to achieving our shared goals in 2023 and beyond.” – Yoav Regev, co-founder and CEO of Sentra.