Clutch Security, a Tel Aviv, Israel-based Universal Non-Human Identity (NHI) security platform, raised $8.5m in seed funding.
The round led by Lightspeed Venture Partners, with participation from Merlin Ventures, CCL (Cyber Club London), and industry leaders and angel investors, including Nir Polak, Founding Investor, co-founder, chairman of the board and formerly CEO at Exabeam; Shlomo Kramer, the co-founder of cyber-security companies Check Point, Imperva, and Cato Networks; Armon Dadgar, co-founder and CTO of HashiCorp, and more.
The company intends to use the funds to expand its team and bring its product to a broader market.
Led by CEO Ofir Har-Chen, Clutch provides a comprehensive solution that empowers security teams with complete visibility, encompassing any NHI type across the entire organizational landscape. The platform allows security teams to understand which NHIs exist, their full context, and associated risks through simplified yet detailed Identity Lineage™ visualization. It offers comprehensive NHI security and management functionality, including risk identification and prioritization based on severity and business impact, and provides tailored actionable remediation playbooks to address identified risks effectively. When any NHI-related suspicious or abnormal behavior occurs, the company immediately detects those behaviors and enables swift response and incident resolution, while being integrated with existing security workflows, protecting enterprises from potential breaches. It also enables unique Zero Trust protections, allowing enterprises to proactively thwart risks.
FinSMEs
30/07/2024