The round was led by Team8 with participation from Jerusalem Venture Partners.
The company intends to use the funds to accelerate product development and growth of its SaaS-based unified vault, built for secrets management and zero-trust access.
Founded by serial entrepreneurs Shai Onn, President; Oded Hareven, CEO; and Refael Angel, CTO, Akeyless is a SaaS-based vault that allows organizations to manage and protect all types of secrets, across all environments, via a single, comprehensive platform. It is used by enterprises in multiple sectors including pharma, internet, gaming and adtech.
FinSMEs
Israeli cloud security co Akeyless raises $14m
The company offers secrets management, zero-trust access (PAM 2.0) and data protection (encryption, signing and KMS).
Israeli secrets management company Akeyless today announced that it has completed a $14 million Series A financing round led by Team8 and with participation from Jerusalem Venture Partners (JVP).
Tel Aviv-based Akeyless, which was founded by CEO Oded Hareven, president Shai Onn, and CTO Refael Angel, provides an innovative Secrets Orchestration Platform that successfully unifies several related use cases via a single solution. The company offers secrets management, zero-trust access (PAM 2.0) and data protection (encryption, signing and KMS), based on Akeyless DFC, the firm’s unique virtual HSM FIPS-certified technology.