Wing Security
Financials
Estimates*
USD | 2022 | 2023 |
---|---|---|
Revenues | 3.5m | 4.4m |
% growth | - | 26 % |
Date | Investors | Amount | Round |
---|---|---|---|
$6.0m | Seed | ||
* | $20.0m | Series A | |
Total Funding | $26.0m |
Recent News about Wing Security
EditWing Security is a startup that operates in the cybersecurity market, specifically focusing on Software as a Service (SaaS) users. The company has developed a Security Service Provider Management (SSPM) tool that is designed to streamline and enhance the security processes for businesses. Their primary clients are security teams within organizations that heavily rely on SaaS applications.
One of the key features of Wing Security's offering is its one-click offboarding capability. This feature simplifies the traditionally complex process of offboarding employees from SaaS applications, which typically involves numerous small tasks. With Wing Security, businesses can offboard employees and collect Service Organization Control 2 (SOC 2) evidence with a single click. SOC 2 is a type of audit that ensures a service provider securely manages data to protect the interests of the organization and the privacy of its clients.
Wing Security also aids in evidence collection for ISO 27001 audits, which are international standards for information security management systems. The company's tool assists with secure employee offboarding processes, application management and review, asset management, and data sharing.
The business model of Wing Security revolves around providing its SSPM tool to businesses. The company generates revenue by charging its clients for using its software. The exact pricing model is not specified but it's likely to be a subscription-based model, which is common in the SaaS industry.
In summary, Wing Security is a cybersecurity startup that provides a tool for managing security processes related to SaaS applications. It serves security teams within businesses and makes money by charging for the use of its software.
Keywords: Wing Security, cybersecurity, SaaS, SSPM, one-click offboarding, SOC 2, ISO 27001, application management, asset management, data sharing.