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Bedrock Security

Company Overview

Bedrock Security is a data security company focused on providing frictionless data protection for enterprises in the cloud and generative AI era. Founded in 2024, the company is headquartered in the San Francisco Bay Area. Bedrock Security aims to revolutionize data security by enabling organizations to embrace cloud and GenAI data growth safely without slowing down business operations.

The company’s mission is to provide accurate risk assessment, remediation, and data protection at scale and speed. Bedrock Security positions itself as a solution for enterprises looking to securely leverage cloud data platforms and generative AI technologies while maintaining compliance and minimizing risk.

Products Overview

Bedrock Security’s main product is its data security platform, which consists of two key components:

  1. Bedrock Outpost Analyzer: This component deploys via infrastructure as code on a customer’s environment. It uses existing APIs to discover datasets across datastores, accounts, and infrastructure providers without requiring agents.

  2. Bedrock SaaS Platform: This processes metadata ingested from the customer environment using Bedrock’s AI Reasoning Engine (AIR). It provides the user interface and core functionality.

Key capabilities of the platform include:

  • Data Discovery and Classification: Uses AI to automatically discover and categorize data across cloud environments.
  • Risk Assessment: Detects security issues, compliance violations, and overly broad permissions.
  • Remediation: Provides options to contain and mitigate risks, with one-click remediation via API integrations.
  • Policy Engine: Allows creation of custom policies and “Trust Boundaries” to protect sensitive data.
  • Behavioral Analysis: Detects unusual activity and anomalies.
  • Compliance Monitoring: Checks against common compliance frameworks.
  • Integration: Connects with SIEM/SOAR systems for alert routing.

The platform aims to provide comprehensive data visibility, security, and compliance capabilities in a single solution.

Founding Team

Bedrock Security was co-founded by:

  1. Bruno Kurtic - President and CEO
  2. Pranava Adduri - CTO
  3. Ganesha Shanmuganathan - Chief Architect

Bruno Kurtic previously spent 13 years at Sumo Logic, helping grow the company from inception to a public company. He took a year off before co-founding Bedrock Security in 2024.

Problem and Market Fit

Bedrock Security addresses several key challenges in the modern data security landscape:

  1. Rapid growth of data in cloud environments
  2. Increasing use of generative AI, which creates new data security risks
  3. Difficulty in maintaining visibility and control over distributed data
  4. Complexity of compliance in multi-cloud and AI-enabled environments
  5. Need for frictionless security that doesn’t slow down business operations

The company aims to fit into a market where enterprises are rapidly adopting cloud and AI technologies but struggling to maintain security and compliance at scale. Bedrock’s approach of using AI for data discovery and classification, combined with automated remediation and policy enforcement, is designed to meet the needs of organizations dealing with large, complex data environments.

Business Model

While not explicitly stated, Bedrock Security appears to operate on a Software-as-a-Service (SaaS) model. They likely charge subscription fees for access to their platform, with pricing potentially based on factors such as data volume, number of users, or specific features utilized.

Funding and Runway

The company has received funding from Greylock Partners. The exact amount of funding and current runway are not disclosed in the provided information.

Competitive Landscape

The data security market is competitive, with numerous players offering various solutions. While specific competitors are not named, Bedrock Security differentiates itself through:

  1. Focus on frictionless security for cloud and GenAI environments
  2. Use of AI for data discovery, classification, and risk assessment
  3. Comprehensive platform covering visibility, security, and compliance
  4. Emphasis on reducing data risk surface through minimization and access control

Customers

Some of Bedrock Security’s notable customers or partners include:

  1. Grammarly
  2. House Rx
  3. Strive
  4. Ginkgo Bioworks

The company also mentions integration capabilities with platforms like Azure, Google Drive, Splunk, and Slack, suggesting potential partnerships or customer use cases with these services.

Relevant News

  • August 2024: Bedrock Security attended the Black Hat USA conference in Las Vegas, marking their first major public appearance since releasing their platform.
  • August 8, 2024: Bruno Kurtic, Co-Founder & CEO, was interviewed on SiliconANGLE’s theCUBE during Black Hat 2024.
  • August 6, 2024: Bruno Kurtic was interviewed by Help Net Security about scaling data security solutions.
  • August 5, 2024: Kapil Raina, VP of Marketing, wrote an article for Cyber Defense Magazine about the Snowflake data breach and data warehouse security risks.

These recent news items indicate that Bedrock Security is actively promoting its platform and thought leadership in the data security space, particularly around cloud and AI-related challenges.

Classification: AI Tier 2

  1. Core AI: Create fundamental AI technologies/base models
  2. AI-Enabled: Core offerings rely on recent AI advances
  3. AI Adopters: Use AI to enhance existing products/services
  4. Non-AI: No AI in products/services

Bedrock Security’s primary products and services, including AI-driven data discovery, risk assessment, and behavioral analysis, rely fundamentally on recent AI advances, placing the company in Tier 2 as AI-Enabled.