Last updated 2026-06-18
- Acquired by IBM for $60M, May 2023
- Raised $8.5M funding round led by Glilot Capital Partners, Jan 2022
Total raised
$8.5M
Last: 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
2022-01
Q&A
- What is the current status of Polar Security?
- Polar Security was acquired by IBM in May 2023 and has ceased to operate.
- When was Polar Security founded?
- Polar Security was founded in January 2021.
- What was the total amount of funding raised by Polar Security?
- Polar Security raised a total of $8.5 million.
- Which investors participated in Polar Security's funding round?
- Polar Security's funding round included participation from Glilot Capital Partners.
- When did IBM acquire Polar Security and for what amount?
- IBM acquired Polar Security in May 2023 for $60,000,000.
- What is Polar Security's primary focus in terms of technology?
- Polar Security specializes in automating cloud data security and compliance through its agentless data security posture management (DSPM) platform.
- What is the employee count range for Polar Security?
- Polar Security had an employee count in the 11-50 range.
- 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