Shield Selected as Finalist in the 2022-2023 Cloud Awards

Today, Shield, the top communication compliance platform in the world, is pleased to announce that it has been shortlisted for the global 2022–2023 Cloud Awards program for its performance in the SaaS and Security sectors.

The Cloud Awards honor for Shield, which can proactively monitor market manipulation and criminal activity across employee communication channels in the cloud, is just the latest and follows the rapidly growing startup’s recent $20M Series B funding round.

The Cloud Awards have recognized Shield for its capability to deploy employee communication surveillance in the cloud using artificial intelligence, machine learning, and natural language processing as banks and financial institutions navigate new compliance challenges in this new, work-from-anywhere environment.

One of the oldest and most prestigious forums for honoring the organizations driving the way for cloud-based advancements is The Cloud Awards. The 2022-2023 Cloud Awards program received entries from hundreds of businesses, including those from North America, Canada, Australia, the United Kingdom, Europe, and the Middle East.

“When we first started Shield, banks and financial firms have kept compliance platforms on premises and have been averse to moving to the cloud, however the work from home era and the rising complexity in communication data drove many of them into new offerings that otherwise wouldn’t have been considered”, “Shield, proven by recognitions like the Cloud Awards, enables organizations to quickly deploy its AI powered monitoring platform, with the most advanced security measures all by drastically reducing cloud footprint and total cost of ownership.”

Ofir Shabtai, Co-Founder and CTO of Shield