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Israeli cyber startup Fig Security secures $30m series A
Fig Security raised US$30 million in a series A led by Ten Eleven Ventures to bolster security operations centre infrastructure resilience, the Israeli startup said.
Team8, which led Fig’s US$8 million seed round, also participated.
Other backers include Doug Merritt (former CEO of Splunk), Rene Bonvanie (former CMO of Palo Alto Networks), and the founders of Demisto and Siemplify.
Fig was founded in 2025 by Gal Shafir, Nir Loya Dahan, and Roy Haimof – veterans of Unit 8200 and Mamram – with prior roles at Siemplify and Cymulate.
The company, headquartered in Tel Aviv and New York, employs 25 people. Most of them are based in Israel and working remotely.
Fig said its tools aim to detect gaps in operational data security infrastructure and keep security operations functional – a reliable infrastructure the company says is needed before organisations can effectively adopt AI.
🔗 Source: Calcalist
🧠 Food for thought
Implications, context, and why it matters.
A broken data field can be a bigger risk than a hacker
- A multi-million-dollar security setup can fail when an employee renames a data field, or when a vendor changes a log format without warning 1.
- Fig Security tackles this “silent breakdown” by tracing security data flows from a detection back to the original source, which helps security operations centre teams keep detection and response pipelines steady as systems change 2.
- The push for dependable basics follows incidents like the 2025 Jaguar Land Rover attack, which caused an estimated £1.9 billion in economic damage even with mature security tooling in place 3.
- With $38 million in seed and Series A funding, Fig is wagering that this behind-the-scenes work is widely missed across the industry 2.
Resilience startups are positioning themselves as enablers of AI adoption in security
- Fig says the next wave of security technology depends on trustworthy inputs, since chief information security officers hesitate to rely on AI when the data it analyzes cannot be trusted 2.
- A new label is gaining traction called “security operations resilience,” pitched as a base layer that keeps pricey security tools working as intended 1.
- By lowering the odds of broken data pipelines and quiet failures, these startups aim for steadier results from extended detection and response (XDR) and security operations centre (SOC) AI agents and assistants 4.
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