Identity and Data Protection Provider Ermetic Raises $17 Million


Identity and access protection provider Ermetic this week announced that it secured $17.25 million in a Series A funding round, which brings the total amount raised by the company to $27.3 million.

Founded in 2019, the company provides protection for identities and data in the cloud, through access policy and continuous visibility. 

Ermetic enforces least privilege access on both user and machine identities to help prevent data breaches within cloud platforms including AWS, Microsoft Azure and Google Cloud.

The company’s Cloud Infrastructure Entitlements Management platform automatically finds all identities in the cloud, and analyzes entitlements, roles and policies. 

Ermetic plans to invest the new funds in scaling research and development for its platform. The company will also invest in go-to-market and sales, in addition to marketing and customer support. 

The funding round was led by Accel, but also received contribution from seed round investors Glilot Capital Partners, Norwest Venture Partners, and Target Global.

Related: Risk Assessment Company CyCognito Raises $30 Million

Related: 1touch.io Closes $14 Million Series A Funding Round

Related: Web Traffic Security Provider Kasada Raises $10 Million

Related: Data Governance and Security Provider Privacera Raises $13.5 Million

view counter

RSS Icon
picture 142

Ionut Arghire is an international correspondent for SecurityWeek.

Previous Columns by Ionut Arghire:
tag iconTags:



Source link

Recent articles

Ohio Governor Says His Flawed Virus Test Shouldn’t Undercut New, Rapid Methods

Gov. Mike DeWine of Ohio, who last week tested positive for the coronavirus, then negative and then negative again, said on CNN on...

Egypt extends detention of Al Jazeera journalist Mahmoud Hussein | News

Egyptian authorities have extended the detention of Al Jazeera journalist Mahmoud Hussein by another 45 days. The extension on Sunday came more than 1,300...

Created with Blender 2.8: ‘Take on me’ cover: Arrangement for Flute orchestras

PiDi writes: 'Take on me' cover: Arrangement for Flute orchestras (Cover) Similar to the original video, it looks like a comic book. All image effects were...

Looks Like AT&T Cancelled Plans for WB Interactive Sale

Following months of reports about its sale, Warner Bros. Interactive Entertainment seems to be resting safely with AT&T for now, if comments by...

Leave a reply

Please enter your comment!
Please enter your name here