Insight Partners and Hetz Ventures led a $12.5m funding round in Silk Security.

Insight Partners, a venture capital and private equity firm that invests in growth-stage technology, software, and Internet businesses, and Hetz Ventures, a global-facing VC investing in highly talented Israeli founders at the cutting edge of deep technology, led a $12.5m funding round in Silk Security, a platform that enables enterprises to take a strategic, sustainable approach to resolving code, infrastructure and application risk, with participation from CrowdStrike Falcon Fund, Shlomo Kramer, Mickey Boodaei and Rakesh Loonkar. "As a former CISO, my teams wasted so much time managing findings out of multiple spreadsheets and then throwing them over the fence to infrastructure and DevOps teams. It was inefficient and impossible to prioritize. Silk gives cybersecurity teams the ability to aggregate and prioritize findings in a way that simplifies an overwhelming space for the teams that are responsible for the fix," Steve Ward, Insight Partners Managing Director.