Linx Security Raises $33M to Tackle Digital Identity Threats

Linx Security Raises $33M to Tackle Digital Identity Threats

July 22, 2024 at 02:18PM

Linx Security, a New York startup with roots in Israel, has secured a hefty $33 million in funding from Index Ventures and Cyberstarts. Their technology aims to reduce attack surfaces tied to digital identities, eliminating blind spots and gaps, achieving compliance, and streamlining operations. One use-case showcased how Linx detected and revoked unsecured access, improving security.

Based on the meeting notes, here are the key takeaways:

1. Linx Security has raised $33 million in early stage funding from Index Ventures and Cyberstarts to develop technology aimed at reducing attack surfaces related to digital identities.

2. The software offered by Linx Security aims to address blind spots and gaps in traditional identity tools by mapping and monitoring user relationships, access, and permissions using advanced analytics and automation.

3. Linx Security’s software not only focuses on reducing attack surfaces but also aids organizations in achieving compliance and streamlining operations throughout the lifecycle of users and identities.

4. The software has been successfully utilized to detect ungoverned access in a client’s code repository, enabling prompt revocation of unsecured access, thereby reducing the organization’s attack surface and improving security.

These key takeaways highlight the core capabilities and value proposition of Linx Security’s technology and its potential impact on identity security and governance.

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