Bryan Onel’s father was a locksmith. As for Onel, he described himself because the digital equal.
Moral hacking was Onel’s interest rising up. He studied AI at college after which turned that hacking interest right into a occupation. “I spent a decade performing penetration exams for over 150 corporations throughout all sectors,” Onel tells information.killnetswitch, including that he stored simply breaking into corporations that had handed their security checks.
Onel realized that security typically fell inside two brackets: Painful however efficient, or painless however ineffective, he stated. Most corporations have been doing the naked minimal in cybersecurity and compliance, because it typically takes an excessive amount of work — and instruments and expertise — to supply efficient security defenses.
Onel’s shoppers stored asking if he may present an answer to their issues, so he gave it a shot.
In 2022, he teamed up along with his spouse, Ora, and faculty pal Erik Vogelzang, and launched Oneleet, an all-in-one security compliance platform. The startup goals to assist different corporations get their security certifications whereas serving to them turn into safer sooner.
Onel tells information.killnetswitch that almost all current compliance platforms are evidence-collection instruments, the place customers import knowledge from their varied merchandise, pay a price, after which voila! — out spits a security certificates saying they’re safe.
“The result’s compliance theatre,” Onel tells information.killnetswitch. “You’re licensed on paper, however nonetheless weak to.”
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Oneleet is totally different, stated Onel. The platform features a suite of security instruments: penetrating testing, code scanning, cloud knowledge security, assault floor administration, security coaching, and extra, he stated, which goals to supply a greater window into an organization’s security defenses.
“As a result of it’s built-in from the bottom up, we will deploy complete security with the clicking of a button,” Onel continued. “That saves shoppers a whole bunch of hours and eliminates the blind spots that come from managing fragmented instruments.”
Oneleet then companions with impartial auditors to supply formal certification critiques.
On Thursday, Oneleet introduced it raised a $33 million Sequence A funding spherical led by Daybreak Capital to assist develop the enterprise. Onel known as his fundraising course of “easy,” and stated he met Daybreak Capital in San Francisco, the place he described “instant chemistry.”
“They already had deep data of the security and compliance area and instantly understood what we have been constructing at Oneleet, so there was instantaneous alignment,” stated Onel.
Different traders within the spherical embrace Y Combinator, Dropbox co-founder Arash Ferdowsi, and former Snowflake and ServiceNow chief govt Frank Slootman. Oneleet participated within the Spring 2022 class of Y Combinator, and stated two-thirds of the VC agency’s portfolio corporations at the moment are its shoppers.
Opponents on this area embrace Vanta, Secureframe, and Sprinto. For its half, Oneleet has reached $3 million in annual recurring income and has raised $34 million in complete up to now.
The contemporary money injection will likely be used to broaden Oneleet’s engineering workforce, enhance its AI capabilities, and to seek out methods to achieve extra clients. The purpose is to finish security theatre in compliance, he stated, at a time when defending towards cyberattacks is extra vital than ever.
Onel stated that AI is altering the size of cyberattacks. He stated, for instance, superior unhealthy actors are automating cyber crimes, whereas decreasing the bar for novice hackers to strike with malicious assaults.
He stated corporations are additionally being reckless, like carelessly utilizing “vibe coding” instruments, or giving AI entry to business-critical data with out the precise guardrails. On the planet of compliance, Onel stated, corporations can use AI to generate pretend documentation to make it appear as if the enterprise is safer than it’s.
Onel says his firm closely makes use of AI, working within the background for menace modeling and different security assessments, and likewise helps draft insurance policies. However, he stated, the corporate has a human workforce verifying data so the shopper doesn’t see any hallucinations. “We’re accountable about it,” he stated.
“Good security needs to be invisible,” Onel continued. “Firms ought to spend much less time worrying about security and extra time constructing nice merchandise. We now have a shot at serving to corporations defend themselves extra successfully than ever earlier than.”
