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Based in Tel Aviv, Israel, Adaptive Shield develops a centralized SaaS Security Posture Management platform that helps enterprises detect misconfigurations and manage user permissions across complex cloud-based applications. The enterprise software continuously monitors security settings across more than 50 integrated third-party platforms to prevent severe data breaches stemming from identity threats and configuration errors. Prior to its exit, the company secured venture funding from institutional backers such as Insight Partners and Okta Ventures, highlighted by a $30 million Series A round and a $10 million strategic investment from Blackstone. In late 2024, cybersecurity corporation CrowdStrike agreed to acquire the business in a transaction valued at approximately $300 million to integrate its identity threat detection capabilities into the core Falcon platform. Adaptive Shield was originally founded in late 2019 by co-founders Maor Bin and Jony Shlomoff.
Adaptive Shield has raised $34.0M across 2 funding rounds.
Adaptive Shield has raised $34.0M in total across 2 funding rounds.
Adaptive Shield has raised $34.0M across 2 funding rounds. Most recently, it raised $30.0M Series A in October 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 1, 2021 | $30M Series A | Insight Partners | Andreessen Horowitz, Canaan Partners Israel, FirstMark Capital, First Round Capital, Okta Ventures, Redpoint Ventures, TLV Partners, Uncork Capital, Matt Garratt, Vertex Ventures Israel, Moshe Lifschitz | Announced |
| Aug 1, 2020 | $4M Seed | Vertex Ventures Israel | Canaan Partners Israel, TLV Partners | Announced |
Adaptive Shield is a Tel Aviv-based cybersecurity company that developed a SaaS Security Posture Management (SSPM) platform to protect software-as-a-service applications from vulnerabilities, misconfigurations, and malicious activity.[1][2][3] Its platform continuously scans cloud apps like those in Google Workspace and Microsoft 365 for risks such as over-privileged accounts, weak passwords, disabled malware detection, and insecure device access, while prioritizing issues by severity, suggesting fixes, and monitoring for breaches using frameworks like MITRE ATT&CK.[1][2] Targeted at enterprises managing cloud environments, it automates security for administrators, integrates with identity providers like Okta for SSO and provisioning, and extends to device analysis for comprehensive protection.[1][4]
CrowdStrike, a leading cybersecurity firm serving over 30,000 organizations, acquired Adaptive Shield in November 2024—reportedly for around $300 million, at 12-15x revenue—to bolster its cloud security offerings with SSPM capabilities like configuration drift detection and SaaS endpoint scanning (e.g., Box, Dropbox).[1][3] This move enhances CrowdStrike's platform amid growing SaaS adoption, following similar expansions by competitors like Palo Alto Networks and Zscaler.[3]
Adaptive Shield emerged from Tel Aviv's tech ecosystem as a specialist in cloud security, focusing on the rising complexities of SaaS environments where misconfigurations and identity risks proliferate.[1][3] While specific founders are not detailed in available sources, the company built early traction through its automated platform that uncovered hidden risks in SaaS apps, such as excessive data access or hacker breach attempts, gaining recognition for simplifying security best practices and frameworks.[1][2] A pivotal moment came with partnerships like its Okta integration by 2023, enabling SSO, identity security posture management, and lifecycle user access controls across 65+ applications.[4]
The company's growth culminated in its acquisition by CrowdStrike on November 6, 2024, valuing its technology at a premium over prior funding (roughly 6x total raised), amid CrowdStrike's post-outage push to expand into comprehensive cloud and identity security.[1][3]
Adaptive Shield rides the explosive growth of SaaS adoption, where workers' logins via Google Workspace or Microsoft 365 often expose files and data to risks, amplified by shadow IT and misconfigurations.[1] Its timing aligns with enterprises demanding unified cloud security amid rising breaches, as seen in CrowdStrike's acquisition to extend endpoint protection to SaaS endpoints like OneDrive—mirroring moves by Palo Alto and Zscaler toward full cloud detection and response.[3] Market forces favoring it include identity security's resurgence, with Adaptive Shield emphasizing IAM-cybersecurity alignment via prior CrowdStrike buys like Preempt, reshaping vendor dynamics over 24-36 months.[3]
Pre-acquisition, it influenced ecosystems by enabling proactive SaaS security; now integrated into CrowdStrike's platform (serving 30,000+ customers with 32% YoY growth), it accelerates industry-wide shifts to SSPM, elevating identity threats in global cybersecurity strategies.[1][3]
Post-acquisition, Adaptive Shield's technology will deepen CrowdStrike's cloud-native platform, likely rolling out enhanced SaaS scanning and identity features to counter evolving threats like ransomware in cloud storage.[3] Trends like AI-driven attacks and regulatory pressures on configurations will propel SSPM demand, positioning the combined entity to dominate as SaaS sprawl intensifies.[1][3] Its influence may evolve from niche innovator to core component in enterprise stacks, fostering tighter IAM integration and preempting breaches—ultimately fortifying the SaaS security layer that Adaptive Shield pioneered.[3]
Adaptive Shield has raised $34.0M in total across 2 funding rounds.
Adaptive Shield's investors include Insight Partners, Andreessen Horowitz, Canaan Partners Israel, FirstMark Capital, First Round Capital, Okta Ventures, Redpoint Ventures, TLV Partners, Uncork Capital, Matt Garratt, Vertex Ventures Israel, Moshe Lifschitz.
