HomeUSAElisity Closes $26M Series A Funding Round

Elisity Closes $26M Series A Funding Round

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Elisity

Elisity, Inc., a San Jose, CA-based provider of a platform for identity and behavior-based enterprise cybersecurity, raised $26m in Series A funding.

The round was co-led byĀ Two Bear CapitalĀ andĀ AllegisCyber Capital, with previous seed investorĀ Atlantic BridgeĀ also participating. As a result of today’s transaction,Ā Mike Goguen, founder and managing partner at Two Bear Capital,Ā andĀ Spencer Tall, managing director of AllegisCyber Capital, will joinĀ Brian LongĀ on the Elisity board.

The company intends to use the funds to expand operations and its business reach.

Co-founded by Burjiz Pithawala, chief product officer; Sundher Narayan, chief architect; andĀ Srinivas Sardar, vice president of engineering, and led by James Winebrenner, CEO, Elisity provides a cloud-delivered cybersecurity platform that can analyze the unique identity and context of people, apps, and devicesā€”including IOT and OTā€”wherever they’re operating. The platform can understand, empower and dynamically adapt security from theĀ edgeĀ to theĀ cloudĀ by learning behavior to assess risk, automatically and continuously optimize protection.

The Cognitive Trust platform combines identity and AI-driven behavioral intelligence to continuously assess risk and instantly optimize access, connectivity and protection policies that follow assets and people wherever they go.

Strategic advisors in the company include security and networking leaders such asĀ 

  • Khalid RazaĀ (co-founder of Viptela and CEO and founder of Graphient),Ā 
  • Greg AkersĀ (former SVP Advanced Security Research and Governments at Cisco),Ā 
  • Jeff TantsuraĀ (Internet Architecture Board), andĀ 
  • Brian LongĀ (co-founder and managing partner at Atlantic Bridge and on Elisity’s Board of Directors).

FinSMEs

16/06/2021

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