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Grip Security raises $41M to help enterprises manage their SaaS identity risk

Grip Security, which provides businesses with the tools to protect their SaaS applications and describes itself as the “industry’s first SaaS security control plane,” today announced that it has raised a $41 million Series B funding round led by Third Point Ventures. Previous investors YL Ventures, Intel Capital and The Syndicate Group also participated in this round, which brings Grip’s total funding to $66 million.
Since launching in 2021, the company has sharpened its messaging a bit to focus a bit more on its capabilities to reduce SaaS identity risk, something that

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