Entitle, a Tel Aviv, Israel-based cloud permission management platform that automates how access is requested, granted, and audited, exited stealth with $15 million in seed financing.
The round was led by Glilot Capital Partners, with participation by angel investors including more than 10 CISOs from unicorn companies.
"Our expertise in the IDF was in operational security, and the core problems underlying permissions management are operational. Entitle enables us to apply our military training to solve a tough, long-standing IT problem," said Ron Nissim, co-founder, and CEO, of Entitle. "The Entitle platform takes the risk management burden off DevOps teams and onto security, where it belongs. Our security-first approach eliminates the tradeoff between security and productivity and we're excited to show what we bring to the table."
Its SaaS-based platform transforms how employees access cloud-based resources. It automates access requests and grants to prevent entitlement sprawl and save IT and DevOps teams a significant amount of effort.
Entitle eliminates provisioning-related bottlenecks so security leaders can painlessly enforce the Principle of Least Privilege while maintaining a seamless user experience.
Company: ENTITLE I.O LTD
Raised: $15.0M
Round: Seed Round
Funding Month: February 2023
Lead Investors: Glilot Capital Partners
Additional Investors:
Company Website: https://www.entitle.io/
Software Category: Permission Management
About the Company: Founded in 2021 by Ron Nissim and Avi Zetser, Entitle leverages its expertise in deep learning, security operations, and vulnerability research to provide security teams with the ability to control, secure and audit access control processes. Entitle has developed a Cloud Permissions Management platform that enables cybersecurity leaders to control access to cloud resources without friction and pushback. Its self-service platform automates provisioning and establishes access governance across complex, highly dynamic, multi-cloud environments. Entitle's product is generally available, to customers including Lemonade, At-bay, K-Health, Bilt, and Hippo.
Source: https://www.prnewswire.com/news-releases/entitle-launches-with-15m-in-seed-funding-to-bake-security-into-permissions-management-301752023.html