Non-human identity and access management (IAM) provider Aembit today announced raising $25 million in a Series A funding round that brings the total raised by the company to roughly $45 million.
The investment round was led by Acrew Capital, with additional support from existing investors Ballistic Ventures, CrowdStrike Falcon Fund, Okta Ventures, and Ten Eleven Ventures.
Founded in 2021, the Silver Spring, Maryland-based startup is on a journey to solve the emerging challenge of access between distributed applications and SaaS services and sensitive resources.
Aembit’s solution provides policy-based access management between workloads and resources across clouds, SaaS, and data centers, reducing the attack surface created by growing and highly distributed non-human identities, while offering visibility and governance.
Relying on automation, the startup’s Workload IAM Platform enforces secure access between workloads and the service authorizing access to sensitive resources, granting secretless just-in-time access based on identity and posture.
Aembit says its solution enables organizations to eliminate the need to hardcode secrets within applications by adopting short-lived access tokens to secure non-human access, as well as the need for manual secrets management for security, engineering, and DevSecOps teams.
Offering support for major cloud providers, SaaS services, platforms, and authentication methods, along with hundreds of integrations, Aembit provides MFA-strength conditional access, auditing for non-human identity access, and policy automation via infrastructure-as-code.
Aembit – which serves large enterprises, including a global property management company, a Fortune 250 retailer, and Snowflake – will use the new funding to drive the advancement of its scalable workload access management solution.
“Talking to hundreds of enterprises, and working closely with design partners, our approach centers on proactively securing access between non-human identities, while eliminating friction for developers and security teams,” Aembit CEO and co-founder David Goldschlag said.
Related: SplxAI Raises $2 Million to Protect AI Chatbot Apps
Related: Compliance and Risk Management Startup Datricks Raises $15 Million
Related: Darwinium Raises $18 Million for Edge-Based Fraud Prevention Tech
Related: Blockchain Security Firm True I/O Raises $9 Million
