What is Akeyless?
Founded in 2018, Akeyless offers a unique combination of innovative technology and cloud-native architecture designed to rapidly secure DevOps, cloud workloads, and legacy environments. The company's platform enables enterprises to meet stringent compliance and regulatory requirements while enhancing their overall security posture. Akeyless is positioned to address the evolving challenges of modern digital infrastructure, providing a comprehensive approach to data protection and access management in complex IT ecosystems.
How much funding has Akeyless raised?
Akeyless has raised a total of $79M across 2 funding rounds:
Series A
$14M
Series B
$65M
Series A (2021): $14M with participation from Team8 and Jerusalem Venture Partners
Series B (2022): $65M led by NGP Capital
Key Investors in Akeyless
NGP Capital
NGP Capital is a venture capital firm that specializes in supporting exceptional founders in transforming their innovative ideas into impactful companies. With two decades of experience, they focus on early-stage B2B companies that are driving the convergence of physical and digital worlds.
Team8
Team8 is a company-building venture group with deep domain expertise that creates companies and invests in companies specializing in enterprise technology, data, AI and cybersecurity. Leveraging an in-house, multi-disciplinary team of company-builders integrated with a dedicated community of c-level executives and thought leaders, Team8's model is designed to outline big problems, ideate solutions, and help accelerate success through technology, market fit and talent acquisition.
Jerusalem Venture Partners
Founded in 1993, JVP is an international venture capital firm the fund specializes in investments in startup companies, focusing on digital media, enterprise software, semiconductors, data storage and cyber security JVP is located in Israel.
What's next for Akeyless?
The substantial enterprise-level funding indicates Akeyless is likely in a growth or scaling phase, aiming to expand its market reach, enhance its product development, and potentially explore strategic acquisitions. The consistent flow of major strategic investments suggests strong investor confidence in Akeyless's technology and business model. Future developments may include further innovation in cloud security, expansion into new geographical markets, and strengthening partnerships to solidify its position as a leader in the cybersecurity industry.
See full Akeyless company page