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YC-backed Formal brings a clever security reverse-proxy out of stealth

  • Security startup Formal has emerged from stealth mode with a reverse-proxy solution for securing access to sensitive data.
  • Formal's reverse-proxy is deployed in the virtual private cloud (VPC) to log and enforce access policies for data stores and APIs.
  • Founder Mokhtar Bacha, a former software engineer at ConsenSys, pivoted his startup idea to create Formal.
  • Formal raised $5.8 million in a seed round led by Thrive Capital and has notable customers including Gusto, Notion, and Ramp.

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