The company, founded by Raj Rajamani, Jared Phipps, Jatheen “AJ” Anand, and Venu Vissamsetty, has already raised $34 million in seed funding in a round led by Redpoint Ventures, with participation from the Falcon Fund, and investors including CrowdStrike CEO George Kurtz, Wiz CEO Assaf Rappaport, and Okta vice chairman Frederic Kerrest.
Currently, the Strait of Hormuz—a vital chokepoint that normally handles about one-fifth of the world’s global oil supply—is not completely shut down. Instead, Struyven explained that the sharp drop in export flows is being driven by fear. Shippers and oil producers have entered a “wait-and-see mode” following reports of damage to three ships and skyrocketing insurance premiums.
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I’ll still object to these measures - “I’m okay, Jack” would be a selfish stance - but, in practice, yes, I’d be surprised if they impacted me.