Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cybersecurity Funding

Opti Raises $20 Million for Identity Security Platform

The cybersecurity startup plans to use the seed funding to accelerate product expansion and global growth.

Funding

Israeli cybersecurity startup Opti this week emerged from stealth mode with $20 million in seed funding.

Founded in 2023 by veteran cybersecurity experts, Opti has built an AI-native identity and access management (IAM) platform.

The company’s solution is powered by a context-aware engine that continuously monitors access and risks across identities and applications, enabling security teams to define, govern, and protect identities.

Using models purpose-built for IAM, Opti delivers increased visibility across entire environments, covering all human, non-human, and agentic identities.

The platform uses AI to interpret identity risks and business context, as well as to recommend least privilege decisions and orchestrate safe access across the environment.

Opti says its solution is already used by large enterprises in the finance, healthcare, retail, and technology sectors.

Advertisement. Scroll to continue reading.

The startup’s seed investment round was led by Hetz Ventures, Mayfield Fund, and YL Ventures, with additional support from LocalGlobe, Maple Capital, Squared Circle Ventures, and angel investors.

Opti plans to use the funding to accelerate product expansion and fuel global growth.

“Identity has evolved into a massive data ecosystem that enterprises struggle to control. Teams work incredibly hard, but they spend their time managing complexity instead of focusing on strategic opportunities. Opti gives them an intelligence layer that elevates and automates their capabilities – making identity operations faster, clearer, and safer,” Opti co-founder and CEO Barak Perelman said.

Perelman previously co-founded industrial cybersecurity firm Indegy, which Tenable acquired in 2019 for $78 million. 

Related: AI Agent Security Firm Vijil Raises $17 Million

Related: Doppel Raises $70 Million at $600 Million Valuation

Related: Runlayer Emerges From Stealth Mode With $11 Million in Funding

Related: Secure.com Raises $4.5 Million for Agentic Security

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing for the latest cybersecurity threats, trends, and expert insights.

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.

Delve into big-picture strategies to reduce attack surfaces, improve patch management, conduct post-incident forensics, and tools and tricks needed in a modern organization.

Register

Organizations are investing heavily in third-party risk management, but breaches, delays, and blind spots continue to persist. Join this live webinar as we examine the gap between how organizations think their third-party risk programs are performing and what’s actually happening in practice.

Register

People on the Move

Anurag Jain has been appointed Senior Vice President of Engineering at CodeHunter

CTERA has appointed Tal Sarfaty as Senior Vice President of Cybersecurity.

Quantum Secure Encryption has named Michael Massing as Chief Technology Officer.

More People On The Move

Expert Insights

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest cybersecurity news, threats, and expert insights. Unsubscribe at any time.