GreenSQL, a leader in unified database security and compliance, announced today that Jerusalem Venture Partners (JVP), Israel’s leading venture firm in the cyber-security sector, would be investing in the company with participation from all its existing investors including Magma Venture Capital,
Rhodium, Atlantic Capital Partners, Gandyr and 2Bangels. Proceeds from the round will be used to support international business expansion and the growing needs of enterprise clients to secure their database applications as they migrate to the cloud.
Founded in 2009, GreenSQL is a software-based solution installed as a frontend to the database layer, fully camouflaging and securing the database, while eliminating database vulnerabilities in the face of modern day cyber-attacks. GreenSQL has over 150,000 downloads worldwide and provides protection from internal and external threats in real time. The software is the most popular data security and compliance solution worldwide and prevents SQL injection attacks (today's number 1 data breach method), at the database layer while enforcing the deepest separation-of- duties (SOD) for the most common databases. GreenSQL solutions are easy to install, configure, manage and maintain, and can be up and running within an organization.
"This strategic partnership with JVP will allow GreenSQL to expand its activities globally and capitalize on our leading position in securing database deployments over cloud platforms like Amazon RDS and Microsoft Azure," said Amir Sadeh, CEO of GreenSQL. "Our low-touch solutions allow organizations to overcome their top database security and compliance concerns by complying with the latest database regulations requirements, blocking unauthorized database access, and auditing
the activities of authorized users. Our solutions can be applied to databases at the corporate or department level, and deployed on-premise or over the cloud."
JVP’s investment in GreenSQL reinforces its emphasis on identifying leading Israeli cyber-security firms with strong technological advantages and immense growth potential. JVP is the lead investor in several of Israel’s top cyber-security companies including CyberArk, Nativeflow, ThetaRay, CyActive and operates the JVP Cyber Labs
"GreenSQL is at the cutting-edge of database and cloud security and is providing a product that fills a major market need," said JVP General Partner Gadi Tirosh. "We are thrilled to be adding such a strong company to our cyber portfolio and see this company's success and ongoing potential as a further testament to the strength of the Israeli cyber-security sector and the innovation that drives it."