The company has developed a SaaS-based secrets management platform for securing DevOps and IT workloads within hybrid and multi-cloud environments and protect passwords and credentials, certificates and keys.
Akeyless Reimagines Cloud Security, Raises $14M Series A
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Innovative cryptography allows firm to offer world’s first SaaS-based vault for secrets management and zero-trust access NEW YORK and TEL AVIV, Israel (PRWEB) April 28, 2021 Akeyless, the secrets management company, today announced it has secured a $14 million Series A round of financing led by Team8 and with participation from Jerusalem Venture Partners (JVP).
Akeyless experienced tremendous growth in 2020, being recognized by Gartner as a key player in the realm of workload identities and trusted by enterprises in multiple sectors, including web-scale companies, adtech, internet technology, gaming, consumer goods, and pharmaceuticals, with partners and customers such as Outbrain, Venafi, Progress/Chef and Cimpress. The firm will use the funding to accelerate product development and growth of the world’s first SaaS-based unified vault, built for secrets management and zero-trust access.
The round was led by Team8 with participation from Jerusalem Venture Partners.
The company intends to use the funds to accelerate product development and growth of its SaaS-based unified vault, built for secrets management and zero-trust access.
Founded by serial entrepreneurs Shai Onn, President; Oded Hareven, CEO; and Refael Angel, CTO, Akeyless is a SaaS-based vault that allows organizations to manage and protect all types of secrets, across all environments, via a single, comprehensive platform. It is used by enterprises in multiple sectors including pharma, internet, gaming and adtech.
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Israeli cloud security co Akeyless raises $14m
The company offers secrets management, zero-trust access (PAM 2.0) and data protection (encryption, signing and KMS).
Israeli secrets management company Akeyless today announced that it has completed a $14 million Series A financing round led by Team8 and with participation from Jerusalem Venture Partners (JVP).
Tel Aviv-based Akeyless, which was founded by CEO Oded Hareven, president Shai Onn, and CTO Refael Angel, provides an innovative Secrets Orchestration Platform that successfully unifies several related use cases via a single solution. The company offers secrets management, zero-trust access (PAM 2.0) and data protection (encryption, signing and KMS), based on Akeyless DFC, the firm’s unique virtual HSM FIPS-certified technology.