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Published on April 12th, 2022 📆 | 6750 Views ⚑

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Israeli Cybersecurity Startup Sentra Raises $23M


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Israeli cybersecurity startup Sentra, announced this week the completion of a $23 million seed round to help cloud-based businesses protect their critical and sensitive data, according to Calcalist.Ā 

The round was led by Israeli-American investor Oren Zeev of Zeev Ventures, Bessemer Venture Partners, and senior angel investors.Ā 

Sentraā€™s security platform maps, classifies, and secures an organizationā€™s sensitive data in real-time, which left exposed could significantly impact a companyā€™s net income.Ā 

Sentra was founded in July 2021 by Asaf Kochan, an outgoing commander of IDF Cyber Unit 8200, and Ron Reiter who co-founded and later sold cross-device mapping platform Crosswise to Israeli software and programming company Oracle for $50 million in 2016.Ā 





Before Kochan and Reiter launched Sentra, the two reached out to roughly 200 companies to ascertain how much senior executives knew about their cloud information storage.Ā 

ā€œMost of the companies put all the data on the cloud but donā€™t actually know where it is being stored,ā€ Kochan told Calcalist. ā€œThe second question I asked was do they know where their sensitive data is stored, as in encrypted data, personal information, and financial information. Most donā€™t really know where it is, and it is very difficult to protect information if you donā€™t know its location. The third question I asked them was how much does it pain them that they donā€™t know where their data is stored, and it became clear that this is a real pain point for organizations, but most of them have gotten used to a situation in which they donā€™t know everything about their data.ā€

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