Opus Security, a cloud security orchestration and remediation platform, has emerged today from stealth with $10 million in seed funding led by YL Ventures, with participation from Tiger Global and investors Angel. CEO Meny Har told TechCrunch that the proceeds will go toward launching Opus’ platform at general availability, expanding the startup’s footprint in the US, and product research and development. Products.
Har asserts that cloud security teams rely heavily on manual processes to resolve security incidents, which is not scalable. He is not exactly an unbiased source of information. But from his point of view, a survey authorized by Orca Security shows that 59% of security teams receive more than 500 public cloud security alerts per day. In a separate poll from ISACA and HCL Technologies release Last May, 61% of IT security professionals said their team was understaffed.
Har told TechCrunch in an email interview: “Today, in order to remediate the growing number of security findings, it is essential to include multiple teams and stakeholders within the organization in their processes. Important security to fix. “This complex collaboration – without a proper coordination process – creates conflict and is a waste of time because teams do not communicate clearly. This conflict leads to a general lack of understanding of how secure the organization is, how to implement remedial processes, and what needs to be improved.”
Har co-founded Opus with Or Gabay, with whom he worked at security coordination startup Siemplify. Har is a member of the founding team at Siemplify, buying by Google earlier this year.
“We’ve seen first-hand the challenges security operations teams face when trying to analyze, prioritize, and remediate security risks using processes,” Har said. distributed, cumbersome, and different detection engines – without oversight or management”. “Opus’ vision is to empower security operations teams to see beyond alerts and threats, and gain the knowledge, capabilities, and control to dramatically cut time deal with them.”
To achieve this goal, Opus draws on operational and engineering data from existing cloud security tools to create a “connection tissue” between security operations teams and other parts of the business. Karma. Efforts to streamline feedback and remediation with tutorials and brochures, leverage automation to solve problems that typically require no human involvement – and provide key metrics throughout progress.
“Organizations today can choose to use a popular ticketing platform like ServiceNow or Jira and potentially add ‘background’ security automation platforms, which are used to manually create processes. to support security operations and DevOps functionality. Conventional ticketing platforms can help with management but not through automation,” said Har. “With instant visibility and remediation mapping… Opus eliminates blind spots and provides business and security managers with clear and tangible insights into their risk status. “
That’s a lot to promise – especially in the face of competition like cloud security startups Wiz, Paladin’s Cloud and Laminar. But in a (potentially) encouraging sign, Har said that Opus saw early adoption by a number of “design partners” who were working on building the platform ahead of a wide launch. in the first quarter of 2023. In the lead-up to General Availability, Opus plans to expand its headcount from its current 10 employees to 20 to 25 by the end of the year, according to Har.
“As organizations recover from the aftermath of the COVID-19 pandemic, and with low budgets and workforce cuts plaguing the industry, Opus is a tailored solution for you. for these external influences,” Har said. “Implementing Opus’s solution is simple, and since Opus promotes automation in all remediation processes, it is the right solution for organizations trying to do more with less. .”
Like many other startups, Opus is benefiting from VC dollars that, despite the macroeconomic downturn, are still flowing in the cybersecurity sector. Follow According to Momentum Cyber’s latest cybersecurity market assessment, investors poured $11.5 billion in total venture capital into cybersecurity startups in the first half of 2021, up from $4.7 billion in the same period a year earlier.
John Brennan, senior partner at YL Ventures, added in an emailed statement: “The rise of cloud-centric security solutions has significantly enhanced organizational awareness of the breadth of the surface. their risk side. While cloud visibility has improved significantly, customers are now expressing a need for a dedicated solution to address a significantly increasing number of alerts… Meny and Or leveraged the experience. their unique at Siemplify to build the industry’s first cloud platform
orchestration and remediation platform automation. “
