I’m excited to announce that DoControl has raised a $30 million Series B round! With this, we are welcoming a new amazing partner in the journey - Insight Partners. Our existing investors, StageOne Ventures, Cardumen Capital, RTP Global, and CrowdStrike’s Falcon Fund also participated in the round and doubled down. I’m grateful for our partner’s never-ending support and belief in our mission.
You can read more about the official news on TechCrunch.
The DoControl ride has been amazing. In just 22 months - we’ve now raised a total of $45M in capital, made dozens of security teams very happy, and built out a full-stack SaaS Security platform preventing data leakage on a daily basis. Our team has grown to 50 talented DoControllers who live, breath, and dream DoControl all day long.
Organizations of all sizes collaborate internally and externally using company data stored in various SaaS applications (Google Drive, Sharepoint, Slack, Jira, Salesforce, & others). The problem is that these shared files usually remain shared and accessible forever, thus overexposing your company to multiple security internal and external threats and increasing the likelihood of data loss over time:
Top areas of concern that our customers faced prior to utilizing DoControl:
We are on a mission to change the way corporate data is exposed without changing how your business operates and the impact on your end-users.
DoControl offers a rare combination of three product modules:
DoControl only takes a few minutes to start integrating your SaaS apps, and then you can use our out-of-the-box threat model workflows to decrease your company’s security risk almost instantaneously, and you don’t need to introduce anything new into your end user’s tech stack. For example, hook up your Google Drive or Slack, or Sharepoint instances, and set a workflow that looks for publicly accessible documents containing PII. Set the workflow to remove the sharing. Or send a Yes/No confirmation to the owner. Simple as that.
Want to get more complex? More granular? Go as deep as you’d like. It’s fully customizable. Add an approval step via Slack. Send an email notification based on job title. Only remediate if the employee is in a high risk profile group (like ‘employees departing within 2 weeks.’)
These simple efforts would normally be a huge lift for existing solutions.
We’ve built the foundation, and now it’s time for us to extend our product offering, solve more mission critical use cases, and modernize security tech stacks worldwide:
This 22-month journey has not only met, but exceeded our initial hopes & dreams for DoControl’s potential when we first started on our mission. We’ve grown from 3 founders to 50+ dedicated, brilliant and passionate people. We wouldn’t be here if it were not for the tireless efforts of our DoControl family. Additionally, I would be remiss to not acknowledge the incredible trust, support and feedback our investors and customers have provided to us along the way. The sky is truly the limit for us at DoControl - buckle in, we’re ready for take off!
Co-founder & CEO
P.S. - There’s so much more to explore with the DoControl platform. Make sure to schedule a demo here. We can’t wait to show you all the possibilities & simplicity that DoControl has to offer for secure file sharing in your SaaS applications.
This stat comes from the industry report we published earlier this year: The Immense Risk of Unmanaged SaaS Data Access. It’s a great read. We recommend you check it out.
DoControl is named as a Representative Vendor in 2022 Gartner® Market Guide for Insider Risk Management Solutions. Gartner recently published the market guide which assists in understanding and implementing a comprehensive insider risk management program. Gartner describes how “the increase in a hybrid or remote workforce, compounded with additional vendor integration, has prioritized insider risk management as a focus area for security and risk management leaders.”
In today’s hybrid work environment, SaaS security has never been more important. Understanding your existing risks is a critical step to choosing the right security tool, but few SaaS apps provide the visibility necessary to perform a proper assessment.