Google Leads $16 Million Investment in Dope
Dope.security this week announced that it has raised $16 million in a Series A funding round that brings the total investment in the company to $20 million.
While the company may have a somewhat juvenile name, it is attracting serious investors. The new funding round was led by Google Ventures (GV), with additional investment from Boldstart Ventures and Preface.
Founded in 2021 and emerging from stealth mode in September 2022, Mountain View, California-based Dope.security offers a Secure Web Gateway (SWG) that delivers security directly on the endpoint, even for remote users and hybrid environments.
The company claims that, without routing traffic through data centers, its solution provides organizations with improved performance and reliability, while ensuring that decrypted data remains on the device.
The solution enforces endpoint-driven security controls, including anti-malware, cloud application controls, URL categorizations, and user-based policies. Functioning as an on-device proxy, the fly-direct SWG also performs SSL inspection directly on the endpoint.
Dope.security’s solution can synchronize with Office 365 and Google for single sign-on (SSO), and provides data and user visualization through a cloud-native dashboard.
The company plans to use the investment to accelerate the adoption of its product.
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