Seemplicity rises from stealth with $32m financing

Seemplicity, a risk reduction and productivity platform for security teams, has launched its solution today as well as $32m in seed and Series A funding.

The funding includes $26m from a Series A round headed by Giliot Capital Partners as well participation from NTTVC, Atlantic Bridge, S Capital and Rain Capital. The seed funding, meanwhile, came to $6m and was led by S Capital.

According to Seemplicity, its productivity platform has the goal of connecting security findings with those who can fix them, thus removing security teams as the bottleneck.

The company aggregates, normalises and orchestrates findings from multiple siloed security tools to generate a single consistent security backlog. This, the firm claims, enables security teams to easily build out and automate risk reduction workflows in the platform, streamlining handovers between teams and synchronising all stakeholders.

Seemplicity said that through its platform, it helps to cut out time wasted on manual operations by as much as 80% and increases remediation throughput by 6X.

Seemplicity CEO and co-founder Yoran Sirkis said, “No one can think of developing software without Jira, so why do security teams still work with spreadsheets? While the security industry excels at identifying weaknesses and vulnerabilities, it falls incredibly short when it comes to remediation and assurance. Security teams need a workflow tool to help them keep the queue moving, remediate more issues in less time, and scale their operations.”

CyberCube recently partnered with Kroll, a risk, governance and growth solution developer, to launch a new cyber incident response service to its clients.

Copyright © 2022 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research


The following investor(s) were tagged in this article.