THANK YOU FOR SUBSCRIBING
× 
Enterprise Security Mag Weekly Brief
Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Enterprise Security Mag
Spin Technology Closes $16 Million Series A Funding Round To Disrupt Saas Data Protection Market
Enterprise Security Magazine | Monday, August 01, 2022
Remote and Hybrid Work Demand for Google Workspace, Office 365 and Salesforce Applications Create New Challenges for Security Teams
PALO ALTO, CA / ACCESSWIRE Spin Technology, Inc., developer of the ultimate all-in-one SaaS data protection platform ‘SpinOne' for mission-critical SaaS apps, today announced it has closed a $16 million Series A round of financing. Blueprint Equity led, with Santa Barbara Venture Partners and Blu Venture Investors also participating. Blueprint Equity' Sheldon Lewis, Santa Barbara Venture Partners' Dan Engel, and Blu Venture Investors' Robert Struble will take seats on Spin's Board. The new funding will be used to accelerate growth, expand Spin's SaaS offerings, and grow the company's marketing, sales, and engineering teams.
Cloud vulnerabilities and cybersecurity concerns have become top enterprise priorities as organizations re-engineer their application stacks to accommodate remote and hybrid work environments and migrate business-critical data and services to the cloud. Many businesses use multiple third-party cloud/SaaS apps to extend and enrich their SaaS environments. As a result, easy access to third-party apps has led to increased data leaks, shadow IT, and compliance risks.
Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.
"How we work is now largely defined by where we work, which increasingly means from anywhere rather than from behind an in-office firewall. That's added a lot of pressure on enterprise security teams to ensure remote and hybrid teams enjoy the flexibility of SaaS applications but remain protected against an ever-broadening threat environment," said Dmitry Dontov, CEO and Founder, Spin Technology. "SpinOne remedies the problem security teams have created for themselves by cobbling together disparate SaaS security applications. Now your mission-critical SaaS data of the most popular work environments - Google Workspace, Microsoft Office 365, and Salesforce - are entirely protected against threats or data loss."
Spin Technology's platform ‘SpinOne' is an all-in-one SaaS data protection platform designed specifically for mission-critical SaaS apps. SpinOne is a combination of four innovative offerings, including:
Ransomware monitoring and response - Automated ransomware protection for SaaS environments that provides 2 hours incident response against ransomware attack on SaaS data, as a result, it reduces recovery costs by as much as 90 percent.
Apps risk assessment - Automated risk assessments of cloud SaaS apps and browser extensions reducing the manual efforts of SecOps teams and helping businesses increase their cybersecurity posture.
Data leak prevention (DLP) - Understand which data is shared in the cloud and with whom, and get full visibility over your business-critical data in the cloud.
Backup and recovery - Compliance friendly enterprise-grade backups to secure cloud environments with versioning and granular recovery capabilities.
"The future of work is now, but the security and backup apparatus needed to support distributed work through SaaS apps has lagged the needs of the market, giving bad actors a broad range of options for exploits," said Sheldon Lewis, Managing Partner, Blueprint Equity."Spin has stepped in and created a simple to use, enterprise-strength security and backup solution that delivers for users of the largest SaaS productivity apps, without the complexity of managing security protocols, the anxiety of defending against ransomware, or the costs of data storage."
An all-in-one dashboard provides a simple single view of cutting-edge cybersecurity and data protection to cloud SaaS environments based on next-generation artificial intelligence (AI) and machine learning (ML). In addition, SpinOne provides industry-leading tools to address modern cybersecurity challenges in cloud SaaS environments.
"Spin Technology is one of those rare companies with the right solution for a rapidly growing market that's falling-down simple for its customers to use, with a commanding and defensible technology that its competitors just can't catch," said Dan Engel, Managing Partner, Santa Barbara Venture Partners. "We're excited to be a part of the team that came together for this round, and can't wait to see what Dmitry and his team are going to do with this technology as they bring on even more Fortune list-level customers."
"Spin aligns well with our cyber portfolio and we look forward to putting our knowledge of the space to work helping Dmitry build upon the tremendous growth Spin has enjoyed thus far," said Robert Struble, Partner, Blu Venture Investors. "We look forward to being a part of this fast-growing company and helping it deliver the best technology for protecting the critical SaaS applications the world relies on for how we work now and into the future."
To request a demo of SpinOne, or to get more information, please click here.
More in News
Cyber risk advisory purchasing often begins after an urgent trigger, such as a cyber-insurance renewal, a board inquiry, an acquisition review, or a regulatory deadline. The danger is paying for a technical assessment that produces findings but leaves management without a workable path. Executives need advice that can translate between exposure, cost, staffing limits and control work without flattening the problem into a tool recommendation. That is where many advisory selections break down. The proposal looks technically sound, but the engagement never proves how the work will fit the buyer’s deadlines, authority lines, staffing limits and decision habits.
A useful advisory partner begins before any scan or framework mapping. It must identify who owns the decision, what risk event is driving action, how mature the environment is, and where existing staff can realistically carry out the work. That early discipline matters because many engagements are misframed at intake. Insurance questionnaires can point to control gaps that are really staffing gaps. A narrow policy update can hide weak governance. A penetration test can expose executive communication issues before it exposes systems. M&A diligence can turn a cyber-review into a timetable problem. Buyers should be wary of advice that moves too quickly from symptoms to controls without testing the business context behind the request.
Technical depth still matters, but it has to show up as judgment under constraints. Advisory work should define scope across business units, set testing windows that do not disrupt critical work, protect sensitive findings and decide how findings should move between executives and project teams with different authority levels. Reports should separate fix-now exposure from longer program work and tie recommendations to named owners and realistic timing. Good findings are not enough. Leadership needs to know which risks can be accepted for a limited period, which weaknesses block a transaction, which issues can wait for a budget cycle, and which work requires outside depth.
"Cibernetica Group Focuses on Helping Leadership Teams Make Informed Cybersecurity Decisions that Support Broader Business Goals."
Stronger advisory engagements also avoid the false handoff between strategy and execution. Some buyers have an internal security office that can take a design and run with it. Others need help moving from board discussion to architecture choices, policy cleanup, remediation oversight and day-two support. The same advisor does not have to perform every task, but it should know where strategy becomes project risk and where project work starts to change risk posture. Capacity is part of the buying decision. Advice that assumes a fully staffed security team can leave smaller companies with a polished plan and no practical way to carry it out.
For buyers seeking a premier choice, Cibernetica Group's advisory model begins by understanding business drivers, organizational maturity, risk exposure, and stakeholder priorities before recommending a solution. The company works with clients across the cybersecurity lifecycle, helping them assess risks, develop strategies, align security initiatives with business objectives, and, when needed, support implementation and ongoing operational requirements. Its approach is designed to avoid one-size-fits-all recommendations, instead tailoring guidance to each organization's specific needs and circumstances. Whether organizations are responding to compliance requirements, insurance considerations, growth initiatives, or M&A activity, Cibernetica Group focuses on helping leadership teams make informed cybersecurity decisions that support broader business goals. ...Read more
Email remains the primary channel for business communication, making it a frequent target for cyber threats. As phishing attacks, business email compromise, credential theft, and social engineering techniques become increasingly sophisticated, traditional security tools often struggle to keep pace.
Agentic email security platforms address this challenge by combining intelligent automation, behavioral analytics, and contextual awareness to detect and respond to threats in real time, helping organizations strengthen security, protect sensitive communications, and improve operational efficiency.
How Do Agentic Email Security Platforms Improve Threat Detection?
Unlike conventional security systems that primarily rely on predefined rules and known threat signatures, agentic email security platforms analyze a broader range of indicators. By leveraging artificial intelligence and behavioral analytics, these solutions examine communication patterns, sender reputation, message context, and user activity to identify suspicious behavior that may otherwise go unnoticed.
This approach is particularly effective against modern phishing and impersonation attacks. Cybercriminals increasingly exploit trust and human behavior rather than relying solely on malware or malicious links.
Agentic platforms can recognize unusual account activity, detect deceptive messaging techniques, and identify anomalies that suggest a potential compromise. As a result, organizations can stop threats before they lead to financial losses, data breaches, or operational disruption.
Automated threat assessment further strengthens security operations. When suspicious emails are detected, the platform can quarantine messages, initiate investigations, and trigger response actions without requiring immediate manual intervention. This rapid response capability helps contain threats and minimizes the likelihood of widespread impact across the organization.
What Defines an Effective Agentic Email Security Platform?
A successful agentic email security platform combines intelligent detection, automation, and operational visibility. Advanced threat identification capabilities should be supported by automated investigation and remediation features that reduce the burden on security personnel and improve response efficiency.
Visibility is another critical factor. Security teams need clear insight into email activity, attack trends, user behavior, and emerging threats. Centralized reporting and monitoring tools provide valuable information that supports informed decision-making and ongoing risk management.
Integration with existing cybersecurity infrastructure also enhances effectiveness. Modern platforms often connect with identity management systems, endpoint security tools, incident response workflows, and broader security monitoring environments. This integration improves coordination across security functions and accelerates threat containment efforts.
As organizations grow and cyber threats evolve, agentic platforms must maintain performance while adapting to new attack methods. By continuously analyzing behavior and refining detection models, these solutions help organizations strengthen resilience and maintain effective email security in an increasingly complex threat landscape. ...Read more
Security services buyers no longer judge CCTV video surveillance and access control services by camera counts, card readers or installation speed alone. Property managers, commercial building owners and facility leaders face a more demanding decision: how to protect people and assets while avoiding systems that become hard to manage after the installer leaves. Many organizations begin with familiar goals: control gate access, document incidents, support insurance claims and deter unauthorized entry. Yet the true cost of a poor choice often appears later, when calls go unanswered, integrations prove awkward, user permissions become confusing or upgrades require starting from scratch.
A stronger provider begins by understanding the property before proposing equipment. Site conditions, traffic patterns, resident or employee behavior, budget limits and management workload all shape the right solution. A gated community may need license plate recognition, gate cameras and tele-entry. A commercial building may need access control for perimeter doors rather than every interior space. A warehouse or showroom may need camera placement that supports visibility without creating a system too complex for daily use. The best service partner does not force every buyer into the same product bundle. It translates the buyer’s security goals into a practical design that can be installed, explained and maintained.
Integration has become equally important. Video surveillance, access control, intrusion alarms, tele-entry and analytics can all strengthen a security program, but only when the end user can manage them without friction. A technically connected system that requires separate databases, separate software and separate training may satisfy a specification while disappointing the people who must use it. Buyers should favor providers that evaluate compatibility, vendor maturity and user experience before recommending a platform. Modern capabilities such as higher-resolution cameras, license plate recognition, people counting, facial recognition, virtual lines and geofencing should be presented as options tied to real needs rather than as features added for effect.
"CSI Global emerges as a premier choice for buyers that need CCTV video surveillance and access control services grounded in service accountability rather than one-time installation."
Long-term service may be the most decisive difference. Security systems are not static purchases. Cameras age, recorders slow down, access rules change, software improves and properties expand. Executives should look for documentation discipline, clear upgrade paths, fast communication and a willingness to support the system years after installation. This matters especially for property management firms that oversee many communities or commercial sites. They need a partner that reduces coordination work, keeps projects moving and communicates progress without forcing managers to chase answers. Price also requires mature guidance. Access control can carry a very different cost profile than surveillance, so a credible provider should help buyers right-size scope, combine technologies when appropriate and avoid promises that cannot be supported after handoff.
CSI Global emerges as a premier choice for buyers that need CCTV video surveillance and access control services grounded in service accountability rather than one-time installation. Its relevant work centers on customized security system installation, video surveillance/CCTV installation, access control system installation, gate camera service and related monitoring support. The transcript points to a service model built around site walkthroughs, tailored configurations, documented systems, budget guidance and long client relationships, with particular strength among Central Florida commercial properties, gated communities and property managers. For executives who value responsive support, practical integration and systems that remain manageable after deployment, CSI Global is a well-aligned recommendation. ...Read more
Digital identity protection has become a major priority as organizations manage more online users, connected services and sensitive information. Traditional password-based authentication is no longer enough to meet growing security needs. Many organizations are now using technologies that verify identity through unique biological characteristics, making access both more secure and more convenient. Growing demand for biometric identity security solutions reflects a wider move toward stronger authentication methods that improve security without making the user experience more difficult.
Which Innovations Improve Identity Verification Accuracy?
Biometric authentication continues to evolve through more advanced recognition methods. Facial recognition, fingerprint scanning and iris verification help organizations confirm identities with greater accuracy while reducing dependence on passwords or security questions. Multiple verification options also give users greater flexibility when accessing digital services.
Liveness detection has become an important part of modern biometric security. Instead of relying only on photos or recorded data, the technology confirms that a real person is present during authentication. An additional layer of protection helps reduce identity fraud and gives users greater confidence in the security of the system.
How Are Security Strategies Adapting to Modern Risks?
Privacy protection remains a top priority as biometric technologies become more common. Secure storage, encrypted processing and controlled access help keep sensitive biometric information protected throughout the authentication process. Strong privacy practices also help organizations meet regulatory requirements and build user trust.
Integration with existing business systems is making identity management more seamless. Authentication tools work with workforce platforms, customer portals and digital applications to provide secure access without interrupting daily operations. Connected systems also make it easier to manage user identities across different environments.
Continuous authentication is becoming an important security measure for protecting digital accounts. Rather than checking identity only during sign-in, the system keeps monitoring activity throughout the session. If unusual behavior is identified, it can take quick action to reduce risks and help keep accounts secure.
Growing adoption of biometric identity security solutions reflects the rising demand for secure and reliable digital authentication. By combining advanced verification methods, artificial intelligence and privacy-focused security practices, organizations can better protect user identities while making the authentication process faster and more convenient. ...Read more
