SAN FRANCISCO, Oct. 26, 2022 (BUSINESS WIRE) — In just under a year since exiting stealth in 2021, Valence Security, the industry leader in SaaS security remediation, is announcing its $25 million Series A round led by Microsoft's M12 venture fund with participation from seed investor YL Ventures and additional investors including Porsche Ventures, Akamai Technologies, Alumni Ventures, and Michael Fey, CEO of Island and former president of Symantec. This new investment round brings Valence's total funding to $32 million.
About Valence Security
Valence Security is the first security company to offer collaborative remediation workflows that engage with business users to contextualize and reduce SaaS data sharing, supply chain, identity, and misconfiguration risks with scalable policy enforcement and automated workflows.
With Valence, security teams can secure their critical SaaS applications and ensure continuous compliance with internal policies, industry standards and regulations, without impeding business productivity or the speed of SaaS adoption.
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