Global external attack surface management (EASM) platform, Reposify has raised $8.5 million in series seed round funding led by Joule Ventures and First Rays Venture Partners in participation with other angel investors.
The funding will enable the company to expand its R&D team to meet its customer’s growing needs and expand its activity in the U.S. market.
Founded in 2017, Reposify provides a platform enabling security teams to detect, prioritize, and manage all exposed internet-facing assets that are centralized or remote across on-premise, subsidiary, cloud, or third-party assets.
Speaking on the funding round, SoFi CISO Hilik Kotler, Advisor of Reposify said, “Reposify’s robust solution allows DevOps teams to work freely without compromising security. At the same time, it enables cybersecurity teams to identify and prioritize the risk of any web-facing asset.
“Now, teams can avoid ‘asset drift’ when deployments mature, providing an additional layer of monitoring and detection to better control infrastructure and security posture,” Kotler added.
Commenting on the funding in Reposify, Amit Sridharan, Co-founder & Managing Partner at First Rays Venture Partners said, “Reposify’s technology revolutionizes cloud security management. It is the fastest solution to prioritize and understand where security teams should be spending time and ensure nothing is left behind.”
During the last year, Reposify has tripled in size and continues to expand its market reach. Recently, the company onboarded Uzi Krieger, an experienced business executive, as CEO to spearhead its growth.
“These are exciting times, as Reposify is taking a key role in shaping the way companies move faster and easier while securing their internet-facing assets,” said Krieger. “This is the essence of security as a business enabler.”
Speaking of Resposify’s unique positioning, Dafna Winocur Biran, partner at Joule Ventures, said, “Reposify has a unique combination of top-notch technology, inspiring and seasoned leadership, and a real solution for an acute need that is only going to grow over time”.