Fig Security, an Israeli cybersecurity startup, has raised $30m in a Series A round led by Ten Eleven Ventures, Calcalist reported on 3 March 2026. Team8, which previously led Fig's $8m seed round, also took part. The company launched publicly the same day, announcing $38m raised across its seed and Series A rounds.
Calcalist listed former Splunk chief executive Doug Merritt, former Palo Alto Networks chief marketing officer Rene Bonvanie and the founders of Demisto and Siemplify among the additional investors. SecurityWeek, in its report on the launch, said the funding was led by Team8 and Ten Eleven Ventures without splitting the leads by round, so the attribution of the Series A to Ten Eleven rests on Calcalist. No valuation was disclosed.
“The most dangerous failures in security are the ones you do not know about”Gal Shafir, Co-Founder and CEO, Fig Security
What Fig Security does
Fig sells what it calls security operations resilience. Its platform autonomously maps an organisation's detection and response flows, tracing data from its sources through pipelines, SIEMs and data lakes to SOAR platforms and SOC AI agents. It alerts teams when changes begin to threaten detection or response, helps them find the root cause and potential impact, and lets them simulate fixes before they are pushed to production.
Chief executive Gal Shafir said in the announcement that the most dangerous failures in security are the ones teams do not know about. He said that when a detection has not triggered in months, teams often cannot tell whether that reflects real safety or a breakdown somewhere in the plumbing.
Calcalist quoted a company executive describing the focus as the resilience of the data infrastructure on which a security operations centre runs. He said Fig is not about code generation and argued that applying AI to broken data infrastructure will not deliver value.
The founders
Fig was founded in March 2025 by Shafir, chief product officer Nir Loya Dahan and chief technology officer Roy Haimof, all veterans of the Israeli military intelligence units 8200 and Mamram. Shafir held leadership roles at Siemplify through its growth and its $500m acquisition by Google, and later led global security architecture for Google Cloud Security with a focus on Google SecOps.
Loya Dahan previously served as vice president of product at Cymulate and held product roles at Siemplify. Haimof was director of engineering at Cymulate.
Growth plans
Calcalist reported that Fig employs 25 people, most of them based in Israel and working remotely. The company has offices in New York and Tel Aviv, and Globes reported that it plans to triple its employee count by the end of 2026, with a focus on expanding marketing in North America.
SecurityWeek said the investment will support product development, team expansion and go-to-market work, particularly in North America. Fig says its platform has already been used by large enterprises, including Fortune 100 companies, and the company was named a top-10 finalist in the RSAC 2026 Innovation Sandbox contest, according to its launch release.
The funding so far
Fig has raised $38m in total across two rounds: the $8m seed led by Team8 and the new $30m Series A. The seed round's date was not given in the sources reviewed.
Company website: fig.security