UPDATED 09:00 EDT / JUNE 15 2023


Valence Security brings AI to SaaS risk analysis and remediation

Cybersecurity startup Valence Security Inc. today announced AI Assistant, a new service integrating generative AI and OpenAI LP technologies into its Collaborative SaaS Security Remediation Platform.

The company argues that understanding and managing security for various software-as-a-service applications can be daunting for security teams. The distinctive aspects of each application, such as terminology, permissions, data models and security configurations, require an in-depth level of expertise that’s often difficult to maintain.

To address this, the Valence AI Assistant uses AI to analyze SaaS security risks and configurations. The analysis provided by the service is said to empower security teams by providing the crucial context needed to evaluate risks swiftly and formulate effective remediation strategies.

Valence’s security platform supports a range of SaaS applications, including Microsoft 365, Google Workspace, Slack Inc., Salesforce Inc., GitHub, Okta Inc., Atlassian Corp. Plc and Workday Inc. With the aid of AI, security teams can use Valence AI Assistant to enhance their understanding of potential risks across these platforms, enabling more efficient communication with the business application owners managing these applications.

“As the first generative AI-enabled SaaS security provider, Valence is leading the way in leveraging the potential for AI to enhance SaaS security,” co-founder and Chief Technology Officer Shlomi Matichin said ahead of the release. “This announcement emphasizes our commitment to providing our customers with the most innovative and effective security solutions available.”

Valence was last in the news in October when it raised $25 million in new funding to help customers secure their SaaS meshes from risk. Founded in 2021 and launched out of stealth in October that year, Valence pitches itself as the first cybersecurity startup to bring zero-trust security principles to the “Business Application Mesh.”

Investors in the company include Microsoft Corp.’s M12 venture fund, YL Ventures, Porsche Ventures, Akamai Technologies Inc. and Alumni Ventures.

Photo: Valence

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