Zenity, a Tel Aviv-Yafo, Israel-based company which specializes in securing agentic AI, raised $38M in Series B funding.
The round, which brought the total amount to $55M, was led by Third Point Ventures and DTCP. It followed the recent strategic investment by Microsoft’s venture arm, M12, with support from existing investors Intel Capital and Vertex Ventures.
Established in 2021 and led by CEO Ben Kliger, Zenity provides an agent-less application security platform for enterprise Copilots and Low-Code development, protects organizations from security threats, helps meet compliance, and enables business continuity. Organizations use it to configure security guardrails, generate prioritized lists of vulnerabilities, and accurately pinpoint and remediate vulnerabilities by continuously scanning business-led development platforms and providing centralized visibility, risk assessment, and governance.
The company intends to use the funds to grow the team across product, engineering, sales and marketing, as well as launching a partner program to expand the ecosystem of supporting enterprises globally as they adopt agentic workflows including agentic AI, enterprise copilots and applications built on low-code platforms.
Zenity currently serves customers across financial services, technology, manufacturing, energy and pharmaceutical industries.
FinSMEs
29/10/2024