AuthMind, a Bethesda, MD-based Identity SecOps company, raised over USD8.5M in Seed funding.
The round was led by Ballistic Ventures with participation from IBM Ventures.
The company intends to use the funds to expand operations and its business reach. help organizations uniquely protect against ever-growing identity-driven attacks targeting both managed and unmanaged identities across multi-cloud and on-prem environments.
Led by CEO Shlomi Yanai, AuthMind provides an Identity SecOps Platform that offers end-to-end identity security posture management and real-time threat detection capabilities. It empowers organizations to address and protect against the three key enablers of today’s identity-based cyberattacks:
- Identity & Access Blind Spots – AuthMind detects and enables remediation of identity-related blind spots such as shadow assets, unauthorized local accounts, missing multi-factor authentication (MFA), and usage of unauthorized SaaS apps across any cloud or platform.
- Identity Infrastructure Security Gaps – AuthMind provides advanced Identity Threat Detection & Response (ITDR) capabilities with detailed contextual analysis that identifies exposures, threats and attacks in real-time, across the various tools that create an identity infrastructure, including cloud Identity Providers (IdPs), On-Premises or Hybrid directories, MFA solutions, SSO, PAM solutions and more.
- Identity Systems Misconfigurations & Non-Compliance – AuthMind identifies dangerous misconfigurations caused by human error, hazardous deviations from policy, and inadequate implementations of identity tools such as MFA, privileged access, and IAM tools.
The company has also R&D operations in Pune, India.
FinSMEs
13/09/2023