Sweet Security raises $33 million

Sweet Security, an Israeli startup helping companies address cloud risks, has raised $33 million in a Series A funding round led by Evolution Equity Partners, joined by Munich Re Ventures and Glilot Capital Partners.

The startup, which came out of stealth six months ago, leverages “deep runtime analysis” to better identify and address cloud risks. Its patent-pending eBPF-based technology identifies critical anomalies across applications, networks, and non-human identities, providing actionable insights about who, where and what is happening.

Sweet will use the funding to scale up its operations in the US and expand its platform.

“Sweet’s solution shifts cloud security right. Owing to its innovative behavior-based security technology that factors in applications, networks, and identities, the Sweet platform unifies risk reduction across cloud use-cases. The outstanding team, technology, and timing – it’s as Sweet as it gets. We’re excited to join and support the journey.” – Yuval Ben-Itzhak, General Partner, Evolution Equity Partners.

“At first, our broad vision for cloud runtime security was met with skepticism, but we trusted our experience because we have lived the pain our customers experience every day and we knew we could build something they’d love. This round is an incredible validation of our approach; it will enable us to expand our U.S. presence and make cloud runtime insights actionable across a wider set of practitioners.” – Dror Kashti, co-founder and CEO, Sweet Security.