Aceiss, a New Canaan, CT-based provider of a cybersecurity platform for access observability and mitigation of the risk of unauthorized user access, raised $3.25M in Seed funding.
The round was led by Canaan, Insight Partners, and Connecticut Innovations, and others. John J. Pacifico, general partner at Canaan, joined the company’s board of directors in connection with the financing.
The company intends to use the funds to accelerate growth and expand operations.
Led by CEO Lloyd O’Connor, Aceiss provides a platform which aims to solve the problem of access observability for enterprises to deliver visibility into user access, without expensive implementations of traditional access solutions. Built on zero-trust fundamentals, the system immediately verifies access, contextualizes activity, and surfaces least privilege for critical infrastructure across regulated industries, including financial services and healthcare.
O’Connor is a long-time financial services executive who spent 15+ years at top banking institutions. He is credited with building Chase Quick Deposit, the technology enabling banking customers to photograph and deposit a check remotely, transforming US retail banking. O’Connor was most recently at Barclays where he upgraded cybersecurity safeguards to exceed regulatory standards.
FinSMEs
18/08/2022