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Cloud Security Company Ermetic Emerges From Stealth Mode

Cloud security company Ermetic emerged from stealth mode this week with a platform that automates detection and remediation of identity and access-based risks.

Cloud security company Ermetic emerged from stealth mode this week with a platform that automates detection and remediation of identity and access-based risks.

Based in Israel, the company was founded by Shai Morag (CEO), Sivan Krigsman (Chief Product Officer), Arick Goomanovsky (Chief Business Officer) and Michael Dolinsky (CTO). The founders were previously involved in building Aorato (acquired by Microsoft), Secdo (acquired by Palo Alto Networks) and Sygnia (acquired by Singaporean investment company Temasek).

Cloud security company Ermetic

The company’s analytics-based platform, which is available immediately, is designed to automatically discover all identities in the cloud, and analyzes policies and permissions in an effort to identify and remediate access risks.

The platform also includes capabilities for policy enforcement, anomaly detection, automatic access policy generation, and benchmark and best practice auditing.

Ermetic also announced that it recently raised $10 million from Glilot Capital Partners, Norwest Venture Partners and Target Global.

“Monitoring and managing cloud access risk is challenging and becomes even more complex over time as users and applications accumulate permissions that far exceed their technical and business requirements, resulting in vulnerabilities that hackers can actively exploit,” said Morag.

He added, “Using analytics and automation, Ermetic eliminates the manual effort and costs associated with determining the precise permissions necessary for each user, service or application in complex environments like AWS, Microsoft Azure and Google Cloud.”

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Related: Cloud Security Company Accurics Emerges From Stealth Mode

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Related: Cloud Security Firm Valtix Emerges From Stealth With $14 Million in Funding

Written By

Eduard Kovacs (@EduardKovacs) is a contributing editor at SecurityWeek. He worked as a high school IT teacher for two years before starting a career in journalism as Softpedia’s security news reporter. Eduard holds a bachelor’s degree in industrial informatics and a master’s degree in computer techniques applied in electrical engineering.

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