Tech Company Financing Transactions
AuthMind Funding Round
On 9/13/2023, AuthMind landed $8.5 million in Seed funding from Ballistic Ventures and IBM Ventures.
Transaction Overview
Company Name
Announced On
9/13/2023
Transaction Type
Venture Equity
Amount
$8,500,000
Round
Seed
Investors
Ballistic Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand operations and its business reach. help organizations uniquely protect against ever-growing identity-driven attacks targeting both managed and unmanaged identities across multi-cloud and on-prem environments.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
6701 Democracy Blvd 300
Bethesda, MD 20817
USA
Bethesda, MD 20817
USA
Phone
Undisclosed
Website
Email Address
Overview
AuthMind is a pioneering Identity SecOps provider that arms identity and cybersecurity teams with end-to-end, real-time identity security posture management and threat detection. Through unmatched visibility spanning complex integrated application landscapes, the AuthMind Identity SecOps Platform enables SecOps to address the most dangerous enablers of identity-based attacks: blind spots, identity infrastructure security gaps, and misconfigurations caused by human error. It allows security orgs to become enablers for engineering and business teams to move faster as they adopt new cloud and SaaS tooling. Unlike ITDR solutions that only monitor and protect known managed identities, AuthMind discovers and monitors any identity that enterprise employees use to connect to any asset, anywhere, anytime.
Management Team
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