About Dig Security
Dig Security is a company based in Tel Aviv (Israel) founded in 2021 by Ido Azran was acquired by Palo Alto Networks in September 2023.. Dig Security has raised $45 million across 3 funding rounds from investors including Okta, CyberArk and Palo Alto Networks. Dig Security offers products and services including Prisma Cloud and WildFire. Dig Security operates in a competitive market with competitors including Rubrik, Tenable, Varonis, BigID and Druva, among others.
- Headquarter Tel Aviv, Israel
- Founders Ido Azran
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Palo Alto Networks, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$45 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
Okta
& 14 more
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Employee Count
Employee Count
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Acquired by
Palo Alto Networks
(Sep 26, 2023)
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Products & Services of Dig Security
Dig Security offers a comprehensive portfolio of products and services, including Prisma Cloud and WildFire. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tool for discovering and classifying sensitive data in cloud environments
Integration for detecting malware in stored data files
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Software Development Team
9 people
Sales and Marketing
2 people
Leadership Team
1 people
DevOps Team
1 people
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Funding Insights of Dig Security
Dig Security has successfully raised a total of $45M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(19 May 2022)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Series A - Dig Security | Valuation |
investors |
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| Sep, 2022 | Amount | Series A - Dig Security | Valuation | SignalFire | |
| May, 2022 | Amount | Seed - Dig Security | Valuation | Team8 |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Dig Security
Dig Security has secured backing from 15 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Okta, CyberArk and Palo Alto Networks. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments are made in promising startups.
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Founded Year | Domain | Location | |
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Seed and early-stage startups are funded by SignalFire.
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Founded Year | Domain | Location | |
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Investments in technology startups are made by Felicis Ventures.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Dig Security
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Dig Security
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Dig Security Comparisons
Competitors of Dig Security
Dig Security operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Rubrik, Tenable, Varonis, BigID and Druva, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Converged data management solutions are provided for backup and recovery.
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| domain | founded_year | HQ Location |
Predictive vulnerability assessments are delivered via cloud-based monitoring.
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| domain | founded_year | HQ Location |
Cloud-based platform for data privacy and document sharing is offered.
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| domain | founded_year | HQ Location |
Cloud-based platform for data privacy management software is provided.
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| domain | founded_year | HQ Location |
Enterprise data is protected across cloud, SaaS, and devices.
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| domain | founded_year | HQ Location |
Data security software is provided to prevent cybercrime.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Dig Security
Frequently Asked Questions about Dig Security
When was Dig Security founded?
Dig Security was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Dig Security located?
Dig Security is headquartered in Tel Aviv, Israel.
Is Dig Security a funded company?
Dig Security is a funded company, having raised a total of $45M across 3 funding rounds to date. The company's 1st funding round was a Seed of $11M, raised on May 19, 2022.
What does Dig Security do?
Dig Security was founded in 2021 in Tel Aviv, Israel. Operations focus on the cloud security sector, where end-to-end solutions are delivered to maintain data integrity and regulatory adherence. Cloud data estates are reviewed, full context is supplied for individual assets, and capabilities for data management, detection, and response are included. Services support organizations in securing assets across distributed environments.
Who are the top competitors of Dig Security?
What products or services does Dig Security offer?
Dig Security offers Prisma Cloud and WildFire.
Who are Dig Security's investors?
Dig Security has 15 investors. Key investors include Okta, CyberArk, Palo Alto Networks, CrowdStrike, and Samsung Venture Investment.
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