What is Authomize?
Founded in 2019 and headquartered in Israel, Authomize operates at the intersection of cybersecurity and identity management. The company provides a sophisticated platform that enables organizations to gain deep, cross-environmental observability into their digital assets. By creating a dynamic map of all identities—both human and machine—and their associated permissions, Authomize allows security teams to identify vulnerabilities and enforce least-privilege access policies with unprecedented precision. This capability is essential for enterprises looking to mitigate the risks associated with shadow IT and fragmented cloud environments, effectively serving as a central nervous system for identity security.
How much funding has Authomize raised?
Authomize has raised a total of $16M across 1 funding round:
Series A
$16M
Series A (2021): $16M with participation from M12, Entree Capital, and Blumberg Capital
Key Investors in Authomize
M12
M12, Microsoft's Venture Fund, invests in enterprise software companies primarily in the Series A through C funding stages with a focus on applied AI, business applications, infrastructure, security, and vanguard technologies.
Entree Capital
Entree Capital backs founders building ambitious technology and product businesses, partnering with teams from the earliest stages through scale up to provide capital and practical guidance.
Blumberg Capital
Blumberg Capital is an early and growth stage venture capital firm that partners with visionary technology founders from inception to exit, offering hands-on advisory support.
What's next for Authomize?
With this major enterprise-level funding, Authomize is poised to scale its operations and deepen its technological moat. The strategic roadmap likely involves expanding its integration ecosystem to cover a broader array of SaaS and cloud-native applications, thereby enhancing its value proposition for global enterprises. Furthermore, the company is expected to invest heavily in its core analytics engine, utilizing the capital to refine its detection algorithms and improve the speed at which security teams can remediate identity-related risks. As the firm continues its growth trajectory, it will likely focus on strengthening its market presence in North America and Europe, solidifying its position as a leader in the identity security space.
See full Authomize company page