GreenSQL, an Israeli-based startup that offers software that secures databases has raised a second round of funding led by Rhodium and Atlantic Capital Partners. The company had originally sought $ 3.8 million, but the round was increased to $ 5.9 million — perhaps a good thing given the current state of the markets. The company’s CEO, Amir Sadeh, says the round will be used to expand GreenSQL into the U.S.
The company’s software (it’s software, not an appliance) protects databases from attacks such as those recently conducted against Lady Gaga, Sony and maybe even PBS. It’s modeled after the open-source database firewall used to protect databases from SQL injection attacks. Sadeh also says the firm is expanding to protect NoSQL technologies that are becoming increasingly popular among the social media set. However, for now, the company plans to focus on the legacy relational databases on the market, deployed by millions of small and medium-sized businesses that are less able to afford more expensive appliance-based and enterprise-focused products from vendors such as Oracle, IBM, AppSec, Imperva.
The company has built monitoring and auditing features on top of the basic firewall and sells a variety of versions of the software to customers depending on their needs. As security challenges mount and computing becomes more distributed, protecting data, corporate infrastructure and databases has become more important.
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