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Synopsis
Insight Partners,a private equity and venture capital firm, led a $30m Series A funding round in Adaptive Shield, a SaaS security posture management company, with participation from Okta Ventures and Vertex Ventures. "As SaaS adoption rises and these threats continue to intensify, Adaptive Shield's Fortune 100 customers have made it clear that with its application-agnostic architecture and ability to rapidly connect to any data object, only one company is capable of securing a business's evolving SaaS estate. We look forward to partnering with Adaptive Shield and supporting their rapid growth in the years ahead," Thomas Krane, Insight Partners Principal.
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