Akeyless Security Raises $65M in Series B Funding


Akeyless Security, a New York and Ramat Gan, Israel-based provider of a SaaS-based Secrets Management Platform for securing DevOps and IT workloads, raised $65M in Series B funding.

The round was led by NGP Capital, with participation from existing investors Team8 Capital and Jerusalem Venture Partners (JVP). In addition, the company announced that Mike Christenson, the former COO & President of New Relic and CA Technologies, has joined as an investor and board member.

The company intends to use the funds to double the size of its global team, as well as expand and enhance its platform.

Founded in 2019 by Shai Onn, Refael Angel, and Oded Hareven, Akeyless is a cybersecurity company serving enterprises. Its platform offers a zero-knowledge Secrets Management as-a-Service solution, which centralizes the management and security of secrets across multi-cloud and DevOps environments. The solution is maintenance-free — with out-of-the-box plugins for existing IT, Dev, and Security tools — and supports enterprise-grade capabilities like disaster recovery, high availability, and global scale.

The company’s solution is used by companies across a wide range of industries including Wix.com, Cimpress-VistaPrint, Outbrain and Stash.