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Spera Banks $10 Million to Tackle Identity and Access Sprawl

Backed by YL Ventures, Spera banks $10 million to help businesses deal with identity and access sprawl in the enterprise.

Israeli startup Spera, backed by $10 million in seed funding from YL Ventures, has joined a growing list of early-stage startups tackling identity and access sprawl in the enterprise.

Spera is pitching an identity security posture management platform to help corporate defenders to detect, prioritize, and remediate identity-driven breaches.

In addition to YL Ventures, the company said it scored investments from angels and serial entrepreneurs at companies like Google, Zscaler, Akamai and Zendesk.

The brainchild of Dor Fledel and Ariel Kadyshevitch, Spera is hawking a platform that provides proactive, continuous protection from identity-based attacks that combine compromised credentials, social engineering and phishing.

“Most enterprises struggle with loosely managed identities and stale, over-privileged accounts that attackers leverage for malicious activities,” Spera said in a note announcing the new financing. “[We are] changing the entire approach to identity, delivering a platform that is a single source of contextualized identity-related risk.”

The company said the product can be used to create real-time, continuously updated, risk and context-based inventory of identities and access across cloud and on-prem environments. The data can then be used to give security teams granular insights for remediating and preventing identity-driven attacks.

The Spera software can also be used to manage partially offboarded users and protect against stolen credentials and account takeovers.

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Related: Investors Bet $31 Million on Sphere for Identity Hygiene Tech

Related: Oleria Scores $8M Seed Funding for ID Authentication Technology

Related: Descope Targets Customer Identity Market with Massive $53M Seed Round

Written By

Ryan Naraine is Editor-at-Large at SecurityWeek and host of the popular Security Conversations podcast series. He is a security community engagement expert who has built programs at major global brands, including Intel Corp., Bishop Fox and GReAT. Ryan is a founding-director of the Security Tinkerers non-profit, an advisor to early-stage entrepreneurs, and a regular speaker at security conferences around the world.

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