Ridge Ventures led the round along with M12, Microsoft's Venture Fund. Theom is pioneering a new method of securing data in the cloud and SaaS data stores by ensuring that protection always follows the asset, adapting the security as environments change.

Theom is an innovative data security company that is the bodyguard for data in the cloud. It identifies high-value data, prioritizes risks to data based on the impact on the business, and ensures security controls always follow the data whether it is stored, moved, copied or transacted. Theom addresses Data Security Posture Management (DSPM) and Data Detection and Response (DDR) markets.