Venice (formerly Valkyrie), a New York–based adaptive privileged access platform, has raised $25 million in Series A funding, bringing its total funding to $33 million.
Investors
The round was led by IVP, with participation from Index Ventures, Vine Ventures, Holly Ventures, and leading angel investors.
Institutional Venture Partners (IVP) is a U.S.-based later-stage venture capital and growth equity firm founded in 1980 and headquartered in Menlo Park, California. With over $8 billion in assets under management, the firm invests in high-growth technology companies across enterprise software, fintech, consumer internet, and digital media, typically at the expansion or pre-IPO stage.
Venice Use of Funds
The company will use the funding to support the launch and scaling of its adaptive privileged access management (PAM) platform, enabling real-time, zero-standing-privilege control across cloud, SaaS, on-premises, and AI-driven environments.
About Venice
Founded by Rotem Lurie and Or Vaknin, Venice delivers an adaptive privileged access management platform designed to eliminate standing access. The platform unifies access governance across human, machine, and AI-driven identities. Built for cloud, SaaS, on-premises, and machine-driven environments, it enforces real-time access controls without agents or proxies. Operating out of Tel Aviv and New York, Venice serves Fortune 500 enterprises across finance, media, healthcare, manufacturing, hospitality, and technology.
Funding Details
Company: Venice Security, Ltd.
Raised: $25.0M
Round: Series A
Funding Date: February 2026
Lead Investor: IVP
Additional Investors: Index Ventures, Vine Ventures, Holly Ventures, angel investors
Company Website: https://www.venice.io/
Software Category: Enterprise Privileged Access Management / Cybersecurity
Source: https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/venice-security-launches-with-33m-to-redefine-enterprise-privileg-1137800