Last updated 2026-07-19
- Acquired by IBM for $60M, May 2023
- Raised $8.5M Seed round led by Glilot Capital Partners, Dec 2021
Total raised
$8.5M
Last: Undisclosed Round 2022-01
Stage
Acquired
Founded
2021
Headcount
28
HQ
Tel Aviv-Yafo, Israel
Sector
Cyber Security
About
Polar Security specializes in automating cloud data security and compliance wherever sensitive data is located. Polars agentless data security posture management (DSPM) platform automatically locates the users data stores and determines what sensitive data is inside and where the data is moving in order to detect data vulnerabilities and compliance violations.
The Polar Security DSPM platform allows data security, compliance and governance professionals to answer some of the most fundamental questions about their cloud data: Discover and classify data, identify and eliminate exposed data, stop data leakage between environments, and more.
Funding history · 1 round · $8.5M total
2021-12
Seed
$8.5M
★ Glilot Capital PartnersJim ReavisIBI Tech Fund
Headcount over time
From 15 (2022-01) to 23 (2026-01) · +8 (+53%) · 17 points · source: Finder history + radar grounding
Q&A
- What is Polar Security's primary business?
- Polar Security specializes in automating cloud data security and compliance, offering an agentless data security posture management (DSPM) platform to discover, classify, and secure sensitive data in the cloud.
- When was Polar Security founded?
- Polar Security was founded in January 2021.
- How many employees does Polar Security have?
- Polar Security has an employee count in the 11-50 range.
- What was Polar Security's total funding raised before its acquisition?
- Polar Security raised a total of $8.5 million before its acquisition.
- When did Polar Security raise its last funding round and who were the lead investors?
- Polar Security raised its last funding round in January 2022, led by Glilot Capital Partners.
- Who acquired Polar Security and when?
- Polar Security was acquired by IBM in May 2023.
- What was the acquisition amount for Polar Security?
- IBM acquired Polar Security for $60,000,000.
- What is the current status of Polar Security?
- Polar Security is currently inactive, having ceased to operate after its acquisition by IBM in May 2023.
- Who are the co-founders of Polar Security?
- The co-founders of Polar Security are Guy Shanny (Co-founder & CEO) and Roey Yaacovi (Co-Founder & CTO).
Team · 2
Sectors & technology
Primary sector
Cyber Security
Sub-sectors
Cyber SecurityData Security
Technologies
Platforms & InterfacesSoftware
Target customers
Enterprise & Professional ServicesEnterprises
Business model
B2B
Highlights
1 Patents
Tags
cloud-securityrisk-managementsaasdata-protectiondata-managementcompliancecyber-securityvulnerability-management
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| linkedin.com/company/polarsecurity |
Identifiers & details
| Founded | 2021-1 |
|---|---|
| Employees (exact) | 28 |
| Offices | San Jose |
| Status reason | Acquired (Inactive) by IBM on May 2023 - ceased to operate |
Acquisitions & public offerings
Acquired by IBM 2023-05 $60.0M
Radar intelligence
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 516276474 |
|---|---|
| Status | מחוסלת עקב מיזוג — CLOSED |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2020-11-05 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2023 |
| Active charges / liens | 0 |
| Registry events | 0 |
| Registered address | פני הגבעה פני רמת גן |