YL Ventures backs FireLayers

FireLayers said Tuesday that it has received undisclosed funding from YL Ventures. WIth offices in San Francisco and Israel, FireLayers is a provider of security solutions for companies’ cloud applications and data.

PRESS RELEASE

SAN FRANCISCO – February 18, 2014 – Today, FireLayers, emerged from stealth mode to introduce the world’s first comprehensive policy-based security, compliance and IT Governance platform for Cloud Applications.
Cloud applications are good for business. But they need to be used with care – as they expose you to risks and vulnerabilities.
CIOs and CSOs have an important decision to make – How to establish security, IT governance, and compliance over corporate Cloud applications and data? FireLayers introduces a strategic solution – a policy-based, unifying platform that enables organizations to adopt cloud applications on their own terms.
The FireLayers solution allows the proactive mitigation of security and compliance gaps, the neutralizing of technical vulnerabilities, and protection sensitive information. IT departments can immediately deploy predefined and customizable rule-sets for popular applications like Salesforce, Office 365, Yammer, Workday and more. IT and security managers can use predefined rule-sets or create their own tailored to their specific workplace.
FireLayer’s comprehensive policy-based platform capabilities include:
Strategic policy-based platform for security, compliance, and IT governance
Pre-defined and customizable rule-sets for popular applications: Salesforce, NetSuite, Workday, Office 365, Box.com, Yammer and more
User-friendly, powerful, policy manager to create cloud controls and rules for every application and every element
Open API enabling integration with 3rd party add-ons: encryption, anti-malware, DLP, behavior-based analysis, and others
Seamless deployment with no client
Discover and security/compliance gap analysis leveraged with cloud application usage auditing and controls comprise a complete solution.
Take the Reigns. Control Your Cloud.
“The cloud is the biggest Teutonic shift in IT in decades. It represents huge benefits, but it requires IT and security leaders to develop digital environments which enable cloud adoption while maintaining required levels of security, compliance and IT governance. “, says Yair Grindlinger, Co-Founder and CEO.
Doron Elgressy, Co-Founder and President, aggress, “One-size fits all, blackbox, reactive tools are not what organizations need or look for. Comprehensive, proactive and preventative solutions are the basis for a successful cloud application security, compliance and IT governance program”.
FireLayers is fully funded by San Francisco-headquartered venture capital firm YL Ventures, which invests in cyber security, cloud computing, big data and Software-as-a-Service businesses. YL Ventures Managing Partner and FireLayers Board Member Yoav Andrew Leitersdorf said: “FireLayers has developed deeply-proprietary technology that is revolutionizing the way that enterprises use cloud-based applications. It is the only truly secure and employee viable solution to the challenges of Shadow IT and cloud application control.”
“YL Ventures are the perfect partner for us, in addition to funding, the take an active role in supporting our rapid growth with both strategic advice and operational execution”, added Yair Grindlinger.
About FireLayers
Thinking strategically isn’t enough, you need to act strategically. FireLayers creates solutions that empower organizations to control and protect their cloud application usage and data to achieve the highest levels of security, compliance and IT governance. FireLayers’ introduced the industry’s first policy-based platform for controlling, protecting, and analyzing cloud applications and data. Founded in 2013 by Yair Grindlinger and Doron Elgressy, FireLayers has offices in San Francisco, California and Netanya, Israel.

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