Jerusalem Venture Partners invests in GreenSQL, which is looking to expand internationally
GreenSQL’s existing investors Magma Venture Capital, Rhodium, Atlantic Capital Partners, Gandyr and 2Bangels also participated in the funding, which will be used for an international business expansion as well as for supporrting clients’ needs to secure their database applications as they move to the cloud.
“This strategic partnership with JVP will allow GreenSQL to expand its activities globally and capitalize on our leading position in securing database deployments over cloud platforms like Amazon RDS and Microsoft Azure,” Amir Sadeh, CEO of GreenSQL, said in a statement. “Our low-touch solutions allow organizations to overcome their top database security and compliance concerns by complying with the latest database regulations requirements, blocking unauthorized database access, and auditing the activities of authorized users. Our solutions can be applied to databases at the corporate or department level, and deployed on-premise or over the cloud.”
Founded in 2009, GreenSQL is a software-based solution installed as a frontend to the database. It camouflages and secures the database while eliminating vulnerabilities to cyber-attacks. The company has 150,000 downloads in 198 countries and provides real time alerts and compliance reports. The company is headquartered in Tel Aviv and has offices in Houston, Texas.
JVP is a VC firm that has invested about $1 billion in Israeli companies dealing with digital media, cyber-security and storage. Other cyber-security companies it has invested in include CyberArk, Nativeflow, ThetaRay, and CyActive.