SGNL Raises USD12M in Seed Funding

SGNL, a Palo Alto, CA-based enterprise authorization company, raised $12m in seed funding.

Backers included Costanoa Ventures, Fika Ventures, Moonshots Capital and Resolute Ventures.

Led by Scott Kriz, Chief Executive Officer and Co-Founder, and Erik Gustavson, Chief Product Officer and Co-Founder, SGNL provides a platform that gives just-in-time access management which curtails privilege sprawl, protecting access to sensitive data and guarding against potential security compromises.

The SGNL solution includes:

  • Dynamic Graph Directory: Unifies existing systems-of-record such as corporate directories, HR directories, CRMs, and ticketing systems to build a real-time graph of workforce and customer data that can be used to determine access rights.
  • Just-in-Time Access Management: Ensures that any request for access to sensitive data has a business justification at the time of the request to use the specific data.
  • Intuitive user interface: Allows for clear, concise, human readable policy statements to reflect changing business needs.
  • Auditable by default: All actions are audited in real-time, making it easy for enterprises to produce compliance reports and analyze actions on demand.

Advisors include Andrew Peterson, Founder and CEO of Signal Sciences, Chuck Mortimore, VP of Identity Products at Disney, former SVP of Identity at Salesforce, and Yvonne Wassenaar, former CEO of Puppet.

FinSMEs

28/10/2022