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SaaS Alerts Secures $22M Funding from Perception Companions to Scale SaaS Safety Monitoring and Response Platform


WILMINGTON, N.C., Sept. 8, 2022 / PRNewswire — SaaS Alerts,
the cybersecurity firm purpose-built for managed service suppliers
(MSPs) to guard and monetize their clients’ core enterprise SaaS
purposes, introduced immediately that it has secured a $22 million progress funding from world software program investor Perception Companions to speed up the expansion of its SaaS Safety monitoring and response platform.

The accelerated price of SaaS Software adoption by
companies, pushed by the necessity to present collaboration and productiveness
instruments to distant workforces and for extra centralized and tightly
managed enterprise information assets, has elevated consciousness and demanding
concern for main risk vectors and safety gaps that exist in SaaS
Software safety. These safety considerations current alternatives for
MSPs to raised safeguard their shoppers whereas providing SaaS safety
companies that drive worthwhile new income streams.

SaaS Alerts was designed to assist MSPs monitor and defend their
clients’ utilization of immediately’s hottest SaaS purposes resembling
Microsoft 365, Google Workspace, Salesforce, Dropbox and extra — and to
safeguard in opposition to safety threats to a enterprise’ SaaS setting such
as information theft, information that is in danger attributable to unintentional worker mishaps
and actions taken by dangerous actors.

“We could not be extra excited to accomplice with Perception Companions
and we see their funding in SaaS Alerts as a monumental endorsement
for what we’ve got constructed and what we intend to construct as we collaborate
going ahead,” mentioned Jim Lippie, CEO of
SaaS Alerts. “I am very happy with our group for reaching this milestone and
stay up for working with Perception to proceed to construct worth for our
MSP companions and stakeholders.”

“SaaS purposes
have grow to be important for companies of each measurement and MSPs want the
capacity to raised defend these purposes on behalf of their
clients. SaaS Alerts has pioneered SaaS safety for MSPs and has a
clear imaginative and prescient for a way detecting and correlating irregular person conduct
can vastly influence the MSP trade,” mentioned Philine Huizing, Principal at
Perception Companions. “We’re excited to accomplice with SaaS Alerts because the
firm scales to handle this distinctive alternative.”

About SaaS Alerts

SaaS
Alerts is the cybersecurity firm purpose-built for MSPs to guard
and monetize clients’ core SaaS enterprise purposes. SaaS Alerts
presents a unified, real-time monitoring platform for MSPs to guard
in opposition to: information theft, information in danger and dangerous actors and integrates with the
hottest SaaS Functions. Study extra at www.saasalerts.com.

About Perception Companions

Perception
Companions is a worldwide software program investor partnering with high-growth
expertise, software program, and Web startup and ScaleUp corporations that
are driving transformative change of their industries. As of June 30, 2022, the agency has over $80B
in regulatory property underneath administration. Perception Companions has invested in
greater than 700 corporations worldwide and has seen over 55 portfolio
corporations obtain an IPO. Headquartered in New York Metropolis, Perception has places of work in London, Tel Aviv,
and Palo Alto. Perception’s mission is to search out, fund, and work
efficiently with visionary executives, offering them with sensible,
hands-on software program experience to foster long-term success. Perception
Companions meets nice software program leaders the place they’re of their progress
journey, from their first funding to IPO. For extra info on
Perception and all its investments, go to insightpartners.com or comply with us on Twitter @insightpartners.

SOURCE: SaaS Alerts

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