Nagomi Security Raises $30M to Help Organizations Get More Out of Their Cybersecurity Tools

Nagomi Security Raises $30M to Help Organizations Get More Out of Their Cybersecurity Tools

By Greg Tavarez

Organizations often invest in a vast arsenal of tools, firewalls, antivirus software and more, yet breaches still unfortunately occur. The issue is that security teams are often left playing an unproductive guessing game, unsure of which vulnerabilities are most critical, which tools are underutilized and where their true exposure lies. This reactive approach leaves organizations vulnerable, constantly scrambling to patch holes after attacks have already occurred.

But amidst this growing challenge, a new wave of proactive security companies is making a splash to help bridge the gap between existing tools and real-world threat mitigation.

Nagomi Security, a provider of proactive security and threat exposure management, recently emerged with $30 million in funding. This investment round, led by TCV with participation from CrowdStrike Falcon Fund and Okta Ventures, aims to transform how security teams maximize the effectiveness of their existing cybersecurity tools. The funding will be used to accelerate go-to-market efforts and further develop the Proactive Defense Platform.

Nagomi's mission is to address a critical cybersecurity challenge: over 80% of breaches occur at organizations that already have tools in place to prevent them, according to Emanuel Salmona, co-founder and CEO, Nagomi Security. Security teams are often frustrated by the lack of visibility into how their existing investments are actually protecting them against real-world threats.

Nagomi's Proactive Defense Platform tackles this problem head-on by providing a view of an organization's threat landscape and its current security posture. The platform leverages the MITRE ATT&CK framework, a widely used database of adversary tactics and techniques, to map out the specific threats facing an organization.

This threat mapping is then compared to the organization's existing security tools, analyzing their configurations and capabilities. This allows Nagomi to identify potential gaps in coverage and prioritize risks based on the organization's unique threat profile.

Also, instead of simply adding more tools to the security stack, Nagomi allows teams to optimize their existing investments. The platform provides actionable insights and prescriptive remediation plans to help teams address vulnerabilities and maximize the effectiveness of their current security solutions.

“We have our sights set on solving one of the most pervasive problems in cybersecurity today,” said Salmona. “By mapping threats like ransomware, phishing and other seen-in-the-wild campaigns and techniques, Nagomi shows security teams their level of protection and provides a plan of action to drive better defense.”

Nagomi's $30 million funding round is a testament to the growing need for proactive security solutions. Nagomi Security can fulfill its mission to change how organizations approach cybersecurity and allow them to minimize threat exposure and maximize the value of their security investments.

Edited by Alex Passett
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MSPToday Editor

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