DoControl, which has developed an automated Software-as-a-Service (SaaS) security platform, announced on Thursday that it has raised a $30 million Series B funding round led by New York-based global private equity and venture capital firm, Insight Partners. The round also included participation from its existing investors including StageOne Ventures, Cardumen Capital, RTP Global, and CrowdStrike's early stage investment fund, the CrowdStrike Falcon Fund.
Founded in 2020 by Adam Gavish (CEO), Liel Ran (CTO), and Omri Weinberg (CRO), DoControl has raised $43.3 million to date. The company, which currently employs 50 people, is expecting to double its workforce following the latest funding round, as well as scale its product and grow in the U.S. market.
