Cybersecurity company Sweet Security has raised $75 million in a Series B funding round. The round was led by Evolution Equity Partners, with support from Munich Re Ventures, Glilot Capital Partners, and Key1 Capital.
With this funding, Sweet Security has now raised a total of $120 million over the last two and a half years. About $15 million from the Series B was used for secondary deals.
Sweet Security offers a cloud-based platform called CNAPP that helps security teams see and protect their systems at every stage of code execution.
The platform helps identify risks such as live attacks, configuration problems, vulnerabilities, and misuse of both human and non-human identities.
Sweet Security also provides API security and advanced analytics to spot bad integrations and suspicious activity after an attack, which many other tools cannot detect.
The company is now growing its AI security platform (AISP), which helps AI teams find all AI models and agents running in their systems. It shows how they interact and points out risky settings or unnecessary permissions before they cause problems.
The platform also maps all AI agents, LLM servers, and AI-powered services to reveal “Shadow AI” — AI tools the organization didn’t know were active. It helps teams understand what these agents are doing and assess potential risks.
Sweet Security was founded by CEO Dror Kashti, a retired Brigadier General and former CISO of the Israel Defense Forces, along with retired Colonel Eyal Fisher, former head of the Cyber Department at Unit 8200, and Orel Ben-Ishay, former R&D Cybersecurity Group Leader at the Special Operations Division. The company has around 70 employees in Israel and the U.S.
Sweet Security works with enterprise clients, including Fortune 1000 companies. The new investment will help the company grow globally faster and speed up the development of new technologies.
“We are raising this significant amount because there is strong market validation. Our product has become very mature, and we have a number of very large American customers actively using it,” Kashti added. “The market wants our mature product, they test it and say we are the best. Raising this funding will allow us to grow on all fronts. By expanding marketing and sales, we will triple the number of salespeople in the United States. We also plan to expand our development team. We are doubling our capacity every quarter. By the end of this year, we will have about 100 employees, and by the end of next year, 170 employees, mainly in sales and marketing, while continuing to grow our development center,” says Kashti.
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