Sym, a new platform that makes it easier for developers to integrate security and privacy workflows into their process, raised US$ 9 million in Series A round on 20 October 2020.
The funding round was led by Amplify Partners. Other participants in the round include Angel investors Gerhard Eschelbeck, former CISO of Google, Sri Viswanath, CTO of Atlassian, and Jason Warner, CTO of GitHub. The Series A round came after a US$ 3M Seed round led by Andy McLoughlin of Uncork Capital and Robin Vasan of Mango Capital.
The company will utilize the funds to expand its engineering team and scale its sales and marketing operations.
Founded in March 2020 by Adam Buggia, Jonathan Bass and Yasyf Mohamedali, Sym is the security workflow platform made for engineers, by engineers. They solve the intent-to-execution gap between policies and workflows by providing fast-moving engineering teams with the just-right primitives to roll out best-practice controls. Sym lets teams meet their information security needs without breaking stride on development. The company is based in San Francisco and Boston. It is also known as SymOps.
The co-founder Yasyf Mohamedali was the CTO of the health tech company Karuna Health, where he became familiar with working in a high-compliance industry, handling vendor reviews and security audits. While working there he realized that companies have their own security and governance workflows that tend to share the same core but also a lot of variabilities. Sym now offers these core tools and lets companies mix and match what they need from this developer-centric toolbox the company has created.
“What we’re building is a set of workflow templates and primitives that map to that shared 20% core and then a set of integrations that you can use to pull down those workflow templates, and codify that last mile variance by connecting those templates to all your different services,” said Mohamedali.
Sym offers a Python SDK letting developers create these workflows and integrations with only a few lines of code. Sym has started signing up large customers and made commitments to them. Thus, now was a good time to raise funding.
The company will hire more engineers and also plans to build out its sales and marketing teams overtime. Sym will also launch a self-serve version of its platform in near future.
About Amplify Partners
Founded in 2012, by Sunil Dhaliwal, Amplify Partners invests in technical founders solving technical problems for the enterprise. They invest in early-stage companies pioneering novel applications in machine intelligence and computer science.
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