SGNL.ai, a Palo Alto, CA-based continuous access management company, received an investment from M12.
The amount of the deal was not disclosed.
The company intends to use the funds to scale product development, expand continuous access management capabilities, and support its expanding number of enterprise customer deployments.
Led by CEO Scott Kriz, SGNL is working to modernize enterprise authorization. SGNL’s Continuous Access Management platform enables companies to achieve a zero standing privilege security posture, protecting access to sensitive data and guarding against potential security compromises.
Ways SGNL can be leveraged within enterprises include:
- Cloud infrastructure: Protect critical infrastructure like AWS or Azure by only granting privileged access based on organizational policy such as ticket assignment or device status.
- DevOps: Secure CI/CD pipelines by only allowing GitHub actions based on organizational policy such as an on-call rotation or using a managed laptop.
- SaaS applications: Eliminate standing access in SaaS applications by only allowing access to sensitive data based on real-time business context such as user citizenship or customer location.
SGNL was founded in 2021 with venture backing from Costanoa Ventures, Fika Ventures, Moonshots Capital, and Resolute Ventures.
FinSMEs
06/12/2023