What is Aveksa?
Aveksa provides a leading Business-Driven Identity and Access Management (IDAM) platform designed to empower organizations by shifting the accountability for access decisions from Information Security to the business lines. This approach ensures policy enforcement and maintains oversight by automating the complete lifecycle of user access, including requests, approvals, fulfillment, reviews, certifications, and remediation. The company's solution is crucial for enterprises seeking to streamline access management while enhancing security and compliance.
How much funding has Aveksa raised?
Aveksa has raised a total of $28M across 3 funding rounds:
Series A
$6M
Series B
$12M
Series C
$10M
Series A (2006): $6M with participation from Charles River
Series B (2008): $12M led by Pequot Ventures, Charles River, FTV Capital, and Barry Bycoff
Series C (2009): $10M supported by FTV Capital, FirstMark Capital, and Charles River
Key Investors in Aveksa
Charles River
Charles River is known for its solutions that accelerate drug, chemical, and medical device development, supporting clients from basic research through commercialization with an integrated, end-to-end portfolio.
FTV Capital
FTV Capital is a growth equity firm that invests in innovative companies in the financial technology and services sectors.
FirstMark Capital
FirstMark Capital is a venture capital firm focused on investing in early-stage technology companies, particularly in areas like software, data, and internet services.
What's next for Aveksa?
With the recent major strategic investment, Aveksa is poised for accelerated expansion and further platform development. This capital infusion, part of its $28M in total financing, will likely be directed towards enhancing its IDAM capabilities, expanding its market reach, and strengthening its competitive position. The company's focus on a business-driven approach to access management positions it well to capitalize on the growing demand for robust identity governance solutions in the enterprise.
See full Aveksa company page
