Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cybersecurity Funding

Machine Identity Management Firm AppViewX Raises $20 Million

Machine identity management and application delivery automation provider AppViewX has raised $20 million in a Series B funding round led by Brighton Park Capital, which brings the total invested in the company to $52 million.

Machine identity management and application delivery automation provider AppViewX has raised $20 million in a Series B funding round led by Brighton Park Capital, which brings the total invested in the company to $52 million.

Founded in 2015, the New York-based company provides a platform that offers end-to-end automation of public key infrastructure (PKI), digital certificate lifecycle management, SSH key rotation, and code signing management.

A modular software solution, the AppViewX platform supports services such as AWS, Azure, and GCP, and uses machine identity management and network infrastructure orchestration to reduce risks, enforce compliance, and eliminate errors.

AppViewX plans to use the new funding to expand go-to-market operations and product development and to improve its revenue growth strategies.

“To reduce their digital risk, organizations acknowledge the importance of machine identity management, but there’s a lack of mature certificate lifecycle capabilities from antiquated, manual tools and siloed tactics,” Gregory Webb, CEO at AppViewX, said.

“AppViewX enables organizations to reduce this growing risk with our Automation Platform, which facilitates digital transformation through streamlined workflows to prevent outages and reduce security incidents,” Webb added.

Related: Blockchain Security Startup BlockSec Raises $8 Million

Related: How a VC Chooses Which Cybersecurity Startups to Fund in Challenging Times

Advertisement. Scroll to continue reading.

Related: Security Automation Firm Swimlane Closes $70 Million Funding Round

Related: Token Raises $13 Million for Its Biometric Authentication Ring

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

Click to comment

Trending

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Join the session as we discuss the challenges and best practices for cybersecurity leaders managing cloud identities.

Register

SecurityWeek’s Ransomware Resilience and Recovery Summit helps businesses to plan, prepare, and recover from a ransomware incident.

Register

Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Cybersecurity Funding

SecurityWeek investigates how political/economic conditions will affect venture capital funding for cybersecurity firms during 2023.

Identity & Access

Zero trust is not a replacement for identity and access management (IAM), but is the extension of IAM principles from people to everyone and...

CISO Strategy

SecurityWeek spoke with more than 300 cybersecurity experts to see what is bubbling beneath the surface, and examine how those evolving threats will present...

CISO Conversations

Joanna Burkey, CISO at HP, and Kevin Cross, CISO at Dell, discuss how the role of a CISO is different for a multinational corporation...

CISO Conversations

In this issue of CISO Conversations we talk to two CISOs about solving the CISO/CIO conflict by combining the roles under one person.

CISO Strategy

Security professionals understand the need for resilience in their company’s security posture, but often fail to build their own psychological resilience to stress.