Sentra raises $50 million

Cloud data security company Sentra announced it has closed a $50 million Series B funding round, led by Key1 Capital with participation from existing investors Bessemer Venture Partners, Zeev Ventures, Standard Investments, and Munich Re Ventures. The funding brings Sentra’s total investment to more than $100 million, following a more than 300% year-over-year increase in revenue and the addition of multiple new Fortune 500 customers.

Founded in 2021 and headquartered in New York City and Tel Aviv, the startup helps organizations discover and remediate the top data security risks in their public environments. Backed by the new investment, Sentra is expanding its platform to help enterprises tackle emerging risks tied to GenAI, AI assistants, and shadow data.

“Organizations were already struggling to keep pace with data as we navigated the move to the cloud and hybrid architectures. Intensified data regulations combined with AI’s rapid enterprise adoption have dramatically escalated these challenges. Without taking proactive steps to secure all data, companies will open themselves up to increased exposure, operational disruptions, and compliance failures. Sentra is uniquely positioned to address this critical problem by delivering essential visibility and control needed to secure sensitive data across multi-cloud, on-premises, and AI-powered environments – without slowing innovation.” – Danny Akerman, co-founder and managing partner, Key1 Capital.

“AI is only as secure as the data behind it. Every organization we work with is racing to leverage AI but is equally as concerned about exposing sensitive data. Sentra gives them the reassurance and confidence they need to move fast by securing data at every stage. With this new funding, we’re doubling down on helping enterprises secure their data everywhere and adopt AI confidently so they can innovate without compromising trust.” – Yoav Regev, CEO and co-founder, Sentra.