Polymer builds a cloud-native, no-code DLP solution that protects sensitive customer data across third-party SaaS platforms. The product emphasizes automated remediation technology (multiple patents pending) to reduce human intervention and lower total cost of ownership for data governance. Polymer is capitalizing on demand from large enterprises replacing on-premise legacy DLP and from SMEs buying their first DLP solutions. The company cites customers including Edward Jones, Signify Health, and Medly Pharmacy, and addresses use cases such as insider threats and compliance with HIPAA, PCI, and ISO 27001/27701. Management says the new funding will be used to execute its vision of autonomous DLP and further develop automation and remediation capabilities. A customer quote in the article reported over 90% accuracy in days and meaningful security-team time savings following deployment. Polymer Solutions provides a next-generation data loss prevention and data governance platform for third-party SaaS applications such as Slack, Dropbox, GDrive, Zendesk and Zapier. The product offers a single dashboard to configure permissions, track usage of sensitive data, and automate remediation to help organizations meet PII, PHI, HIPAA, GDPR and CCPA requirements. The company positions itself as a 'virtual compliance officer' for SaaS and has multiple patents pending for its automated remediation technology. Polymer is led by Founder & CEO Yasir Ali. The business intends to use the seed proceeds to expand operations and broaden its market reach. No operating metrics were disclosed in the article.

Total raised

$5M

Funding rounds

2

Latest round

Seed

Latest activity

Dec 2021