About Polar Security
Polar Security is a Technology company based in San Jose (United States) founded in 2021 by Roey Yaacovi and Guy Shanny, and was acquired by IBM in May 2023. Cloud data security solutions are provided for visibility and compliance. Polar Security has raised $8.5 million across 1 funding round from investors including IBM, Glilot and IBI Tech Fund. Its chief executive, as recorded, is Guy Shanny. Its focus areas include Enterprise Infrastructure, Cybersecurity, Cloud Security and CSPM. Its competitors include Lacework, Arctic Wolf and Balbix; 3 of its 3 listed competitors have raised funding.
Company details
Polar Security was founded in 2021 in San Jose, United States, within the cyber security sector. A platform is offered to automate visibility, security, and compliance for cloud data. Protection is extended to cloud-native data stores and shadow data across public cloud environments. Additional solutions address prevention of data exposure, detection of data flow changes, and mitigation of compliance violations. Operations focus on enhancing data governance in multi-cloud setups.
- Headquarters San Jose, United States
- Founders Roey Yaacovi, Guy Shanny
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website polar.security
- Social LinkedIn X
- Acquired by IBM (May 2023)
Funding Insights of Polar Security
Polar Security has successfully raised a total of $8.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $8.5 million completed in January 2022. 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 $8.5M
- Total Rounds 1
- Last Round Seed — $8.5M
- First Round $8.5M
(Jan 2022)
- Investors Count 6
All 1 funding rounds of Polar Security with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2022 | $8.5M | Seed | – | Glilot Capital Partners |
7 investors in total: 3 institutional and 4 angel.
Investors in Polar Security
Polar Security has secured backing from 7 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include IBM, Glilot and IBI Tech Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Limited information is provided about Glilot's activities. | glilotcapital.com | |||
Early-stage investments in Israeli B2B technology startups are provided. | tech.ibi.co.il | Tel Aviv, Israel | ||
Hybrid cloud and DevOps automation are delivered to enterprises. | 1911 | ibm.com | United States | |
JR Jim Reavis | unknown_f74ea3bd593b4c169 | |||
TB Tim Belcher | unknown_3b800b646ec445e39 | |||
AJ Ann Johnson | Indian angel investor focusing on early-stage startups in tech and healthcare. | unknown_69317b79554c43199 | ||
TN Tom Noonan | Angel investor and tech entrepreneur, co-founder of Internet Security Systems. | unknown_9da7699e7e804de28 |
Investor details for Polar Security
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People of Polar Security
14 people are tracked at Polar Security (2 in leadership, 12 in team).
| Name | Role | Group |
|---|---|---|
Roey Yaacovi | Co-Founder | Leadership |
Guy Shanny | Co-Founder & CEO | Leadership |
Tamar Stern | Software Engineering Team Lead | Team |
Omri Basch | Senior Backend Developer | Team |
Roy Aboodi | Senior DevOps Engineer | Team |
Nimrod I. | Marketing Lead | Team |
Eleonore Dabush | Data Analyst | Team |
Chen Shalit | Data Analyst | Team |
Nati Levy | Distinguished Software Engineer | Team |
Raz David | Backend team lead | Team |
Yuval Zelinger | Software Developer | Team |
ester notovitz | Full Stack Engineer | Team |
Alon Galant | Software Engineer | Team |
Dan Siletski | Devops Team Lead | Team |
Complete people profiles for Polar Security
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Competitors of Polar Security
Polar Security has 3 listed competitors in our database, 3 of them funded. They include Lacework, Arctic Wolf and Balbix.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lacework.com | 2015 | San Jose, United States | $1.9B | AI-driven cloud security posture management is offered. | ||
| arcticwolf.com | 2012 | Eden Prairie, United States | $879.25M | 1,291 | Cloud security posture management platform | |
| balbix.com | 2015 | San Jose, United States | $98.6M | 52 | AI based security risk posture assessment platform |
Detailed competitors of Polar Security
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Top companies in Big Data & Cloud Infrastructure
3 companies that operate in the same segment as Polar Security (Big Data & Cloud Infrastructure) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Data, analytics, and AI capabilities are unified in a platform. | 2013 | San Francisco, California, United States | USD 20.67 B | USD 15.9 M | 5,679 | |
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based database-as-a-service platform is provided for application development. | 2007 | New York, New York, United States | USD 311.32 M | USD 2.46 B | 8,070 |
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Related news about Polar Security
Complete news archive for Polar Security
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Frequently Asked Questions about Polar Security
Polar Security was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Polar Security is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Guy Shanny is the CEO of Polar Security, as recorded in our data. They have also founded this company.
Polar Security is a funded company, having raised a total of $8.5M across 1 funding round to date. The company's 1st funding round was a Seed of $8.5M, raised on Jan 2022.
Polar Security was founded in 2021 in San Jose, United States, within the cyber security sector. A platform is offered to automate visibility, security, and compliance for cloud data. Protection is extended to cloud-native data stores and shadow data across public cloud environments. Additional solutions address prevention of data exposure, detection of data flow changes, and mitigation of compliance violations. Operations focus on enhancing data governance in multi-cloud setups.
Polar Security's top competitors include Lacework, Balbix and Arctic Wolf.
Polar Security has 7 investors. Key investors include IBM, Glilot, IBI Tech Fund, Jim Reavis, and Tim Belcher.
Yes. Polar Security was acquired by IBM in May 2023.