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An ex-Googler just raised $38 million to catch 'silent' security failures. Read his startup's pitch deck. [Business Insider]
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This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Cybersecurity startup Fig has emerged from stealth with $38 million in funding. Fig CEO and cofounder Gal Shafir previously worked on security products at Google Cloud. Fig tracks a company's security systems and flags when they're silently failing. Fig Security, a startup cofounded by a former Google Cloud security executive, emerged from stealth with $38 million in funding to tackle what it calls a growing problem: "silent" security failures. Team8 and Ten Eleven Ventures led the seed and Series A funding for the one-year-old startup. Fig cofounder and CEO Gal Shafir says large companies rely on dozens of fragmented tools to detect threats, and those systems can quietly stop working effectively over time as they're updated and adjusted. "Nobody really knows if their detection rules are silent because they were secure or because someth
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