Receives Strategic Investment from Splunk Ventures

BOSTON and TEL AVIV, March 30, 2022 - Ermetic, a leading cloud infrastructure security company, today announced Splunk Ventures as a strategic investor. “The amount of data that needs to be analyzed and acted upon to protect cloud resources from risks associated with entitlements and misconfigurations is growing at an exponential rate. We look forward to working with Splunk to help joint customers solve these problems.” This strategic investment from Splunk Ventures will help Ermetic extend the capabilities of its integrated cloud infrastructure entitlement management (CIEM) and cloud security posture management (CSPM) platform to meet current and emerging customer needs. “We share Ermetic’s vision for securing complex cloud infrastructures by exposing and remediating risks hidden in massive amounts of policy and activity data,” said Varoon Bhagat, vice president of Corporate Development for Splunk. “Ermetic’s identity-first approach to cloud security is a natural fit for Splunk Ventures, which invests in innovative companies that complement Splunk’s extensible data platform and maximize value for our joint customers.” Ermetic has developed a comprehensive cloud security platform for AWS, Azure and GCP that enables organizations to proactively reduce their attack surface, detect threats and reduce their blast radius in case of a breach.