Silverfort Secures $65 Million in Series C
Silverfort, a Boston and Tel Aviv, Israel-based provider of the world’s first Unified Identity Threat Protection platform, closed $65 million in Series C funding, bringing Silverfort’s total funding to over $100 million.
Silverfort, a Boston and Tel Aviv, Israel-based provider of the world’s first Unified Identity Threat Protection platform, closed $65 million in Series C funding, bringing Silverfort’s total funding to over $100 million.
The round was led by Greenfield Partners, alongside several VC’s and strategic investors, including GM Ventures, Acrew Capital, Vintage Investment Partners, and existing investors StageOne Ventures, Singtel Innov8, Citi Ventures, Aspect Ventures, and Maor Investments.
The funding will be used to scale the business and team globally and continue to expand the platform’s unique technological advantage.
Company: Silverfort, Inc.
Raised: $65.0M
Round: Series C
Funding Month: April 2022
Lead Investors: Greenfield Partners
Additional Investors: GM Ventures, Acrew Capital, Vintage Investment Partners, StageOne Ventures, Singtel Innov8, Citi Ventures, Aspect Ventures, and Maor Investments
Company Website: https://www.silverfort.com/
Software Category: Identity and Access Management (IAM) Software
About the Company: Silverfort is the provider of the first Unified Identity Protection Platform that consolidates security controls across corporate networks and cloud environments to block identity-based attacks. Using innovative agentless and proxy less technology, Silverfort seamlessly integrates with all existing IAM solutions (such as AD, ADFS, RADIUS, Azure AD, Okta, Ping, AWS IAM, etc.), extending their coverage to assets that could not be protected until today, such as homegrown/legacy applications, IT infrastructure, file systems, command-line tools, machine-to-machine access and more. It continuously monitors all access of users and service accounts across both cloud and on-premise environments, analyzes risk in real-time using an AI-based engine, and enforces adaptive authentication and access policies. Silverfort allows organizations to prevent data breaches, achieve compliance, reduce costs and simplify cloud migration. Silverfort is trusted by large enterprises around the world and was named a Gartner ‘Cool Vendor’.
Source: https://www.businesswire.com/news/home/20220412005073/en/Silverfort-Raises-65m-Series-C-for-World%E2%80%99s-First-Unified-Identity-Threat-Protection-Platform
