Anetac, a San Francisco, CA-based startup focused on protecting companies from blind spots of service accounts in hybrid environments, has raised $16 million in funding.
Investors
The round was led by Liberty Global, with participation from Shield Capital and The General Partnership, alongside contributions from Anetac CEO Tim Eades and cybersecurity expert Jason Witty.
Liberty Global is an international cable company providing television, broadband internet, and telephony services and an active investor in cutting-edge infrastructure, content, and technology ventures.
Anetac Use of Funds
The company will use the funds to further develop and scale its innovative SaaS solution. It also be utilized to accelerate technology development and expand its portfolio of offerings.
About Anetac
Anetac is a cybersecurity company that provides a dynamic identity and security platform offering continuous visibility of the ever-evolving service account landscape encountered by every organization today. For hybrid environments, the streaming solution offers real-time visibility, enabling users to discover, monitor, and respond to the large threat surface exploited via service accounts. Founded in Los Altos, California, in 2023, Anetac proactively solves the disconnect of static scanning tools with an innovative, streaming approach that dynamically addresses identity problems and improves organizations’ security posture.
Funding Details
Company: Anetac, Inc.
Raised: $16.0M
Round: Unknown
Funding Month: May 2024
Lead Investors: Liberty Global
Additional Investors: Shield Capital, The General Partnership, Tim Eades, Jason Witty
Company Website: https://anetac.com/
Software Category: Cybersecurity
Source: https://www.businesswire.com/news/home/20240506570601/en/