Zafran Raises Over $30M to Introduce First Risk and Mitigation Platform

New York-based Zafran, a pioneering risk and mitigation platform, announced a successful funding round exceeding $30 million, led by Sequoia Capital and Cyberstarts. The recent capital influx, with additional investments from Cerca Partners and Penny Jar, will support Zafran's mission to empower security teams by enhancing existing controls to combat threat exploitation effectively.

Founded in 2022 by industry veterans Sanaz Yashar, Ben Seri, and Snir Havdala, Zafran has positioned itself as a groundbreaking solution addressing the critical exploitation window during which organizations are vulnerable to cyber threats. By utilizing a unique Mitigation Knowledge-base integrated with security tools like EDR and firewalls, Zafran aims to close these gaps and strengthen organizational defenses against rapidly evolving threats.

The urgency for platforms like Zafran is underscored by reports highlighting the swift exploitation of vulnerabilities and the prolonged periods required to patch them. Zafran's approach offers a proactive methodology to mitigate risks, leveraging both vulnerability data and the organization's existing security controls for comprehensive risk evaluation.

Endorsements from leading VC firms underscore the potential impact of Zafran's innovative platform on the cybersecurity industry. Doug Leone of Sequoia Capital praised Zafran's visionary approach to risk mitigation, while Lior Simon of Cyberstarts emphasized the team's ability to blend deep cyber expertise with a focus on customer needs, thus creating a new dimension in cybersecurity risk management.