Zilla Security, a Boston, MA-based most comprehensive identity security platform for the cloud and hybrid environments, announced that it completed $13.5 million in Series A funding.
Tola Capital and FirstMark Capital co-led the round with support from Pillar VC.
The new funding comes at a time of strong growth and company momentum. Since its market entry in April 2021, Zilla has powered more than fifty enterprise customers, enabling them to automate security and compliance with access reviews, access risk remediation, and continuous change tracking.
The new capital will be used to accelerate growth, expand product development, and launch new go-to-market channels.
Company: Zilla Security, Inc.
Raised: $13.5M
Round: Series A
Funding Month: Aug 2022
Lead Investors: Tola Capital and FirstMark Capital
Additional Investors: Pillar VC
Company Website: https://zillasecurity.com/
Software Category: Security and Access Compliance
About the Company: Zilla is a SaaS platform for access security and compliance. It gives detailed, automated visibility into who has access to what, and provides the tools to automate access reviews and remediate inappropriate access and security settings. Zilla also acts as the system of record you need to show and maintain compliance with regulations like SOX, HIPAA, GLBA, FFIEC, and SOC 2. It’s the only solution that integrates with all SaaS applications, cloud platforms, and on-premises systems to deliver a comprehensive, single source of truth for access security and compliance. Zilla's platform, developed by the leading pioneers in identity governance and access security from Aveksa (acq by RSA), Netegrity (acq by CA), and Forgepond (acq by MobileIron), is addressing one of the biggest challenges organizations face today – identity security. Zilla eliminates all of the complexity in managing identities and permissions by combining identity governance and cloud security into one platform. Zilla’s mission is to make access security and compliance easy and is headquartered in Boston, MA.
Source: https://www.prnewswire.com/news-releases/zilla-security-closes-13-5-million-in-series-a-funding-for-identity-security-platform-301615451.html