Gem Security emerges from stealth and raises $11 million

Gem Security has emerged from stealth, launching its Cloud TDIR (Threat Detection, Investigation and Response) platform and announcing $11 million in seed funding led by Team8.

The adoption of cloud infrastructure is increasing and diversifying the attack surface for organizations. 90% of all organizations use more than one cloud provider.

As Gartner notes, the expansion in attack surface is rarely paralleled with coverage by detection and response initiatives, leaving organizations unaware of a variety of threat vectors. 79% of companies have experienced at least one cloud data breach in the last 18 months, with 43% of companies reporting ten or more.

While there is no lack of solutions for detection and response, legacy approaches fall short of providing a solution for the cloud era. The proliferation of cloud services across infrastructure, platforms, and software has fragmented the security landscape. Collecting and correlating the explosion of associated telemetry is both challenging and inadequate.

Gem Security goes beyond this, helping organizations act on Gartner’s recommendation to implement a continuous, risk-based program to manage their threat exposure.

Gem Security offers a platform that leverages existing infrastructure and solutions while offering automated detection, investigation and response capabilities purposely-built for cloud environments.

Gem Security supports all major infrastructure platforms – AWS, Azure, Google Cloud and Kubernetes. Furthermore, Gem’s platform integrates with leading platforms like identity providers, source code repositories and secrets managers, leveraging the additional data for context analysis. Gem Security is already working with companies ranging from mid-market to Fortune 500.

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