Tel Aviv-based Laminar, which helps companies manage public cloud data security, raises $30M led by Salesforce and Tiger Global, bringing its Series A to $67M
Context & Ripple Effects
Laminar first surfaced in November 2021, when it emerged from stealth with $37M across seed and Series A to tackle public cloud data security from Tel Aviv. This $30M extension — led by Salesforce with Tiger Global — lifts that Series A to $67M and adds a strategic buyer of security tooling to the cap table.
The raise lands in a crowded Tel Aviv lane: Grip Security raised a $25M Series A led by Intel Capital for SaaS data protection, Adaptive Shield took a $30M Series A led by Insight Partners, and Dig Security followed months later with a $34M Series A led by SignalFire. The endgame was already visible in hindsight — Rubrik ultimately acquired Laminar for a reported $200M–$250M.
First-order effects
- Laminar gains Salesforce as both an investor and a potential distribution channel into enterprise CRM customers securing public cloud data, while Tiger Global's participation signals crossover-fund appetite for the category.
- The enlarged $67M Series A gives Laminar more runway than nearby peers like Dig Security ($45M total) and Grip Security ($25M Series A) had at comparable stages.
Second-order effects
- Rival cloud-data-security startups in the same Tel Aviv cluster face pressure to either land their own strategic investors or accelerate toward an exit, since a Salesforce-backed competitor can bundle security with an existing enterprise relationship.
- Data-management platforms watching the space — Rubrik among them — see validated targets whose valuations are being set partly by strategic money rather than pure venture pricing.
Third-order effects
- If the pattern holds, standalone cloud data security vendors consolidate into broader data-management platforms, as Rubrik's acquisition of Laminar demonstrated, leaving fewer independents and shifting category definition power to acquirers.
- Strategic investors like Salesforce become gatekeepers of the security stack around their own ecosystems, blurring the line between neutral vendor and platform-aligned supplier.
The trend: Cloud data security is consolidating from a field of well-funded Tel Aviv point solutions into platform acquisitions, with strategic investors like Salesforce accelerating both the funding arms race and the exit path.