September 18, 2024 at 02:32AM
Hydden, a new identity management startup, has secured $4.4 million seed funding. It provides visibility and management of an organization’s entire identity environment, including access to on-premises and cloud applications. Hydden aims to simplify identity management for security teams, acknowledging the complexities and risks associated with modern identity landscapes.
From the meeting notes, it can be summarized that Hydden, a new identity management startup, is addressing the increasingly important need for comprehensive identity protection in diverse IT environments. With the backing of a $4.4 million seed funding round from Access Venture Partners, Hydden’s platform is designed to provide complete visibility into organizations’ identities, accounts and privileges, including non-human identities like service accounts and API keys. The platform aims to bridge the identified gaps in identity management by creating a single data layer across various identity-related products and is particularly focused on addressing the needs of cloud-first or hybrid environment organizations. The goal is to evolve identity management into real-time continuous asset discovery and risk identification.