Entro, a Boston, MA-based cybersecurity startup offering secrets security and management, raised $6M in Seed funding.
The round was led by StageOne Ventures and Hyperwise Ventures with participation from angel investors Rakesh Loonkar, Mickey Boodaei, and Amichai Shulman.
The company intends to use the funds to expand operations and its business reach.
Founded by Itzik Alvas, CEO, and Adam Cheriki, CTO, Entro provides a cyber holistic security platform that detects, safeguards and provides context for secrets* stored across vaults, source code, collaboration tools, cloud environments and SaaS platforms. In real time, CISOs and security teams can track the activity of any and all secrets, including enhanced secrets lineage correlation and gain in-depth visibility to owner, enablement status, permission or cloud services privileges, correlated service and risk level.
In addition to safeguarding cloud services and data from secret-based breaches, Entro helps organizations meet regulations like SOC 2 that require secrets protection such as rotation, which the platform easily enables. It integrates with R&D teams’ workflows and empowers organizations to use their preferred tools, without sacrificing security or development time and effort.
*Secrets security refers to the practice of protecting access keys and credentials from unauthorized access, disclosure, or use. Secrets are often programmatic access keys (such as API keys, access tokens, connection strings, etc.) used by applications to access sensitive data and cloud services. With cloud services on the rise, even more secrets are being created by R&D teams. Today there are a minimum of 500 secrets per organization scattered across at least five different secret stores.
FinSMEs
17/05/2023