Tel Aviv-based Laminar, which helps companies manage public cloud data security, emerges from stealth with $37M across seed and Series A
The cloud may be the direction that much of enterprise IT is moving today, but it still remains a major source of security issues …
Context & Ripple Effects
Laminar is entering the public cloud data security market with $37M already banked across seed and Series A, betting that enterprise workloads moving off-premises are outpacing the tools meant to protect them. The bet paid forward fast: within seven months Salesforce and Tiger Global led a $30M extension that took its Series A to $67M, and by mid-2023 data management vendor Rubrik had absorbed the company outright in a deal reported at roughly $200M–$250M (Rubrik acquires Laminar).
The company also sits inside a distinctly Tel Aviv pattern. Grip Security raised a $25M Series A weeks after this story to protect SaaS data, and years later both Native and Act Security emerged from stealth with cloud-security raises of their own — making this article the opening entry in a sustained Israeli cluster around securing data once it leaves the datacenter.
First-order effects
- Laminar gains the capital to build out public cloud data security tooling while enterprises are actively migrating workloads, competing directly with whoever else claims that budget line.
- Salesforce and Tiger Global's later $30M follow-on validates the thesis within months, giving Laminar a war chest most seed-stage security startups never see.
Second-order effects
- Adjacent Tel Aviv founders read the same signal: Grip Security's $25M SaaS-data round lands within a month, extending the fight from cloud infrastructure to the SaaS apps sitting on top of it.
- Platform vendors like Rubrik face a build-versus-buy decision on cloud data security — and Rubrik ultimately buys, paying a reported $200M–$250M rather than competing against the category.
Third-order effects
- The endgame visible in the corpus is consolidation: independent cloud data security specialists get absorbed into broader data-management platforms, shrinking the standalone-vendor field.
- Tel Aviv cements itself as a repeatable factory for cloud-security companies — Laminar, Grip, Native, and Act Security all trace to the same ecosystem — sustaining a pipeline of exits even as acquirers consolidate the category.
The trend: Cloud data security is cycling from venture-funded Israeli specialists into consolidated platform offerings, with each stealth exit seeding the next founder wave.