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Latest Michael Fey News
Oct 26, 2022
In just under a year since exiting stealth in 2021, Valence Security, which has developed a SaaS security remediation platform, announced on Wednesday its $25 million Series A round led by Microsoft’s M12 venture fund. The round included participation from Seed investor YL Ventures and additional investors including Porsche Ventures, Akamai Technologies, Alumni Ventures, and Michael Fey, CEO of Island and former president of Symantec. This new investment round brings Valence’s total funding to $32 million. Valence collaborative remediation workflows engage with business users to contextualize and reduce SaaS data sharing, supply chain, identity, and misconfiguration risks with scalable policy enforcement and automated workflows. With Valence, security teams can secure their critical SaaS applications like Microsoft 365, Google Workspace, Salesforce, and Slack and ensure continuous compliance with internal policies, industry standards, and regulations, without impeding business productivity or the speed of SaaS adoption.
Michael Fey Investments
Michael Fey has made 4 investments. Their latest investment was in Valence as part of their Series A on October 10, 2022.
Michael Fey Investments Activity
Angel - II
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