This week, Dope.security announced that it had raised $16 million in a Series A funding round, bringing its total investment to $20 million. The round was led by Google Ventures (GV), with additional investment from Boldstart Ventures and Preface. Founded in 2021 and emerging from stealth mode in September 2022, the Mountain View, California-based company offers a Secure Web Gateway (SWG) that is designed to provide improved performance and reliability without routing traffic through data centers.
The company’s SWG enforces endpoint-driven security controls, such as anti-malware, cloud application controls, URL categorizations, and user-based policies, while also performing SSL inspection directly on the endpoint. With the ability to synchronize with Office 365 and Google for single sign-on (SSO), and the ability to visualize data and users through a cloud-native dashboard, Dope.security’s solution is designed to be comprehensive and secure.
The company plans to use the new funds to accelerate the adoption of its product. Dope.security’s approach to security is an innovative one, as it provides organizations with the ability to ensure that decrypted data remains on the device, improved performance, and greater reliability. For these reasons, the company has been able to attract serious investors and secure a substantial investment.
In conclusion, Dope.security has raised $16 million in a Series A funding round, bringing the total investment in the company to $20 million. The company offers a Secure Web Gateway (SWG) that provides improved performance and reliability, along with a variety of endpoint-driven security controls. The funding will be used to accelerate the adoption of Dope.security’s product.
Key Points:
• Dope.security has raised $16 million in a Series A funding round, bringing the total investment in the company to $20 million.
• The company offers a Secure Web Gateway (SWG) that provides improved performance and reliability, along with a variety of endpoint-driven security controls.
• The funding will be used to accelerate the adoption of Dope.security’s product.