Valence emerged from stealth with $7 million in seed funding. The funding round was led by YL Ventures, with participation from several cybersecurity executives and serial entrepreneurs.

The company, founded by Yoni Shohet (CEO) and Shlomi Matichin (CTO), aims to provide a solution that can secure what it has named the Business Application Mesh, which represents SaaS and self-hosted business applications interconnected through APIs, SaaS marketplaces, and low-code/no-code development platforms such as Workato and Zapier.

Valence describes the Business Application Mesh as a “complex and ever-growing network of connections, automated business processes and data exchanges,” and says its goal is to address risks associated with third-party integrations and secure app-to-app connectivity.