Startup Laminar raises $30 million in funding round

Cloud data security startup company Laminar announced that a recent funding round has produced investments worth $30 million, according to SiliconANGLE. Laminar seeks to meet enterprises' growing need for solutions to help secure their business data, which are increasingly being stored in public clouds and various cloud platforms and present an appealing target for cyberattacks. The company offers a platform that can automatically map out a company's data stored in its cloud databases, managed data warehouses or any other type of off-premises systems. Using this information, the solution seeks out potential cybersecurity issues that may make the data vulnerable to cybercriminals. These can range from misconfigured settings, lack of encryption on business information to passwordless access to certain records. The platform's algorithms then generate a recommended solution that the users can implement. The solution also notifies IT teams whenever developers create a database and maps out the information contained in them, even for databases that are embedded in a cloud instance.