Akeyless, a Tel Aviv-based unified secrets and machine identity platform provider, has received a strategic investment.

Investors

The round was from Deutsche Bank Corporate Venture Capital (CVC), a corporate venture capital arm of Deutsche Bank headquartered in Berlin, Germany. The firm prefers to invest in the technology and innovation sectors.  

Akeyless Use of Funds 

The investment will accelerate Akeyless's mission to prevent breaches by enhancing control, visibility, and security for enterprises in managing secrets and machine identities. 

About Akeyless 

Akeyless offers a cloud-native SaaS platform that integrates Vaultless Secrets Management, Certificate Lifecycle Management, Privileged Access Management, and Key Management Services to secure non-human identities across all environments. Its primary product is a unified Secrets & Machine Identity Management platform, designed to protect sensitive data by securing and managing secrets—like passwords, API keys, certificates, and cryptographic keys—used by both human and non-human (machine) identities.  

Funding Details 

Company: Akeyless Security Ltd. 

Raised: Undisclosed 

Round: Strategic Investment 

Funding Date: October 2024 

Investor: Deutsche Bank's Corporate Venture Capital (CVC) 

Company Website: https://www.akeyless.io/  

Software Category: Identity Security 

Source: Lazer Cohen | Concrete.media