May 6, 2024 at 09:15AM
Anetac, a Silicon Valley startup, has revealed its platform for managing non-human identities and secured $16 million in funding led by Liberty Global. The company’s Dynamic Identity and Security Platform offers real-time visibility into API and access keys, service accounts, and tokens. Anetac’s solution is already being used by various organizations to improve security hygiene.
Key takeaways from the meeting notes:
1. Anetac, a Silicon Valley startup, has emerged from stealth mode with a platform for managing and securing non-human identities.
2. The company has raised $16 million in a funding round led by Liberty Global, with additional support from GP Ventures, Shield Capital, and angel investors.
3. Anetac provides organizations with real-time visibility into API and access keys, service accounts, and tokens, enabling security teams to identify and address vulnerabilities before exploitation.
4. The company’s Dynamic Identity and Security Platform covers the threat attack surface of service accounts in hybrid environments, mapping access chains and automatically analyzing behavior.
5. Anetac’s solution is currently used by airlines, banks, colleges, and critical infrastructure organizations.
CEO and co-founder Tim Eades stated, “With our new platform, available today, we will proactively solve the disconnect of static scanning tools with an innovative, streaming approach that dynamically addresses identity problems and improves organizations’ security posture.”
Furthermore, the investment will be used to focus on delivering a seamless business experience and tailor service offerings to the modern threat landscape.