Sramana Mitra: How did you fund the company? Assaf Rappaport: The company started with an investment from Sequoia Capital. Sramana Mitra: So you raised concept financing from Sequoia? Assaf Rappaport: Yes. Sramana Mitra: That’s very unusual. How did you manage to do that? That’s happening very rarely nowadays in the industry.
Sramana Mitra: If you look at the security budgets, security has always been an active area. Part of it is because there are all sorts of creative ways in which hackers tend to find ways to penetrate organizations. Also, there’s the constantly changing architectural issues. The whole cloud thing is relatively new. There is a
Sramana Mitra: The enterprise that is a customer of Salesforce, when it decides to access Salesforce.com, would access it through the Adallom network. Assaf Rappaport: Exactly. Bank of America or EMC who are using Salesforce, or Box, or whatever software applications they’re using; it’s their data that we are protecting. Of course, we are collaborating with
Assaf Rappaport: Let’s take an example. I’m accessing the application from my home from an unmanaged device. So end point security is not going to be relevant. I could be accessing it through a public network, Internet café, or my own private network. All your perimeters, firewall, IDS, and other good stuff that you invested in
Cloud adoption in the enterprise is opening up new security gaps. Assaf and his team have identified a major one and convinced Sequoia to concept-finance the venture. Very interesting articulation of cloud security issues facing enterprises! Sramana Mitra: Let’s start with introducing our audience to yourself as well as Adallom. What are you doing? What