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Summary
( ) Remote and Hybrid Work Demand for Google Workspace, Office 365 and Salesforce Applications Create New Challenges for Security Teams PALO ALTO, Calif., August 9, 2022-- Spin Technology, Inc., developer of the ultimate all-in-one SaaS data protection platform \x91SpinOne for mission-critical SaaS apps, today announced it has closed a $16 million Series A round of financing. The new funding will be used to accelerate growth, expand Spins SaaS offerings, and grow the companys marketing, sales, and engineering teams. As a result, easy access to third-party apps has led to increased data leaks, shadow IT, and compliance risks. An all-in-one dashboard provides a simple single view of cutting-edge cybersecurity and data protection to cloud SaaS environments based on next-generation artificial intelligence (AI) and machine learning (ML). "We look forward to being a part of this fast-growing company and helping it deliver the best technology for protecting the critical SaaS applications the world relies on for how we work now and into the future."
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