Hysolate snags $10 million, launches solution to improve security and productivity
First-ever isolated workspace offering deploys locally on corporate-managed and personal endpoints and is fully managed from the cloud
Cybertech
| 21/09/2020
https://www.hysolate.com
Israeli cybersecurity company Hysolate announced Thursday the introduction of the first Isolated Workspace-as-a-Service (IWaaS) solution enabling greater worker productivity in today’s remote-first business environment. The company also revealed that it had closed a $10 million funding round.
The round was led by Planven, with participation from existing investors Bessemer Venture Partners, Innovation Endeavor and Team8, to accelerate the development and go-to-market efforts of the new solution. The injection of capital brings the total investment in Hysolate to $33 million.
The IWaaS solution enables companies to protect their corporate endpoints with an isolated workspace for high-risk activities and secure corporate access from unmanaged devices with a strong, VM-based, isolated workspace. The virtual and isolated environments deployed on users’ endpoints are fully managed remotely with a robust and fine-grained set of networking, clipboard and data security policies, Hysolate said.
IWaaS liberates employees with unfettered access to the applications and websites they need to do their jobs, without posing a security risk to the enterprise. Employees, shift workers, third-party contractors, partners and suppliers see unprecedented levels of user productivity and a superb user experience, while DevOps, security researchers and IT admins receive isolated privileged access, according to the company.
“Hysolate gives control to IT and security teams to safely manage multiple isolated endpoint environments from the cloud without sacrificing worker productivity,” said Marc Gaffan, the company's CEO. “We provide a personalized, trusted experience for both users and organizations that are facing tremendous challenges in today’s remote working world. I am very excited about the new funding and the release of the first-ever Workspace Isolation-as-a-Service offering.”
First-ever isolated workspace offering deploys locally on corporate-managed and personal endpoints and is fully managed from the cloud
https://www.hysolate.com
Israeli cybersecurity company Hysolate announced Thursday the introduction of the first Isolated Workspace-as-a-Service (IWaaS) solution enabling greater worker productivity in today’s remote-first business environment. The company also revealed that it had closed a $10 million funding round.
The round was led by Planven, with participation from existing investors Bessemer Venture Partners, Innovation Endeavor and Team8, to accelerate the development and go-to-market efforts of the new solution. The injection of capital brings the total investment in Hysolate to $33 million.
The IWaaS solution enables companies to protect their corporate endpoints with an isolated workspace for high-risk activities and secure corporate access from unmanaged devices with a strong, VM-based, isolated workspace. The virtual and isolated environments deployed on users’ endpoints are fully managed remotely with a robust and fine-grained set of networking, clipboard and data security policies, Hysolate said.
IWaaS liberates employees with unfettered access to the applications and websites they need to do their jobs, without posing a security risk to the enterprise. Employees, shift workers, third-party contractors, partners and suppliers see unprecedented levels of user productivity and a superb user experience, while DevOps, security researchers and IT admins receive isolated privileged access, according to the company.
“Hysolate gives control to IT and security teams to safely manage multiple isolated endpoint environments from the cloud without sacrificing worker productivity,” said Marc Gaffan, the company's CEO. “We provide a personalized, trusted experience for both users and organizations that are facing tremendous challenges in today’s remote working world. I am very excited about the new funding and the release of the first-ever Workspace Isolation-as-a-Service offering.”
