jSonar receives $50 mn investment from Goldman Sachs

jSonar, which helps companies address database security and compliance needs, has closed a $50 million investment from Goldman Sachs for the company’s first institutional round of funding.
jSonarjSonar simplifies the process of establishing database protection while reducing cost. jSonar’s platform closes the gaps inherent in legacy Database Activity Monitoring (DAM) programs that are unable to meet the demands of new use cases and platforms.

The jSonar platform is used by enterprise customers in the financial services, healthcare and insurance industries within the Fortune 500, including 5 out of 10 of the world’s largest banks.

The security platform supports over 60 database platforms, spanning Amazon Web Services, Google Cloud Platform (GCP), Microsoft Azure, Snowflake, MongoDB, Cassandra, Hadoop, Teradata and more.

Ron Bennatan, CTO and co-founder of jSonar, said: “Traditional database security solutions have proven to be costly to be used broadly and provide little beyond a checkbox; the modern data landscape demands a new approach.”