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/PRNewswire/ Authomize, the first Identity and Security Management Platform (IDSM), today announced the close of $16 million in Series A funding. Innovation.
Israeli security management co Authomize raises $16m
Authomize s platform allows teams to automatically detect and remediate identity and access management risks.
Israeli identity and security management platform Authomize today announced the closing of $16 million Series A financing round led by Innovation Endeavors and with participation from previous investors Blumberg Capital, Entree Capital and Microsoft s M12 - Microsoft s venture fund. This brings the amount raised by the company to $22 million.
The funds will speed up delivery of Authomize s identity and security management platform (IDSM) and continued growth in product development and marketing, including the expansion of its partner network. Authomize plans on doubling its workforce in R&D, marketing, and sales in both the US and Israel.