Sentra, a cloud data security company, has completed a $30 million Series A funding round, bringing the total capital raised to over $53 million. Led by Standard Investments with participation from Munich Re Ventures (MRV), Moore Strategic Ventures, Xerox Ventures, INT3, Bessemer Venture Partners, and Zeev Ventures, Sentra has reached a remarkable funding milestone just 18 months after its founding.
Sentra bolsters cloud security posture with holistic visibility and control over cloud data, actively preventing critical data breaches throughout the entire public cloud stack. The recent funding will aid in increasing Sentra’s market presence, enhancing its technology and partner ecosystem, as well as grow its team of experts.
"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," said Yoav Regev, co-founder and CEO of Sentra. "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."
"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," said Yaron Ben David, chief digital officer at Standard Industries. "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."
In an estimate by Gartner, over 95% of new digital workloads will be deployed on cloud-native platforms by 2025—up from 30% in 2021. The increased migration to cloud generates increased vulnerability for cloud data; Sentra aims to minimize the data attack surface for these cloud-reliant enterprises by identifying all unknown cloud data, classifying it by sensitivity, and then delivering actionable rectification plans for data security teams.
"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," said Amit Karp, partner at Bessemer Venture Partners. "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."
To learn more about Sentra, please visit https://www.sentra.io/.