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Turngate Raises $5 Million to Shed Light on User Activity

Turngate has raised $5 million in seed funding to help organizations decipher users’ identities and track their activity.

Maryland-based cybersecurity startup Turngate on Tuesday emerged from stealth with $5 million in seed-stage funding round led by Paladin Capital Group.

Founded earlier this year, Turngate is on a mission to provide IT and cybersecurity professionals with insights into user activity, which they may need during investigations.

The company is working on a product that helps IT and security teams audit user activity and validate permissions across their organization’s complex digital footprints, including SaaS and IaaS platforms.

Turngate says its technology accelerates the understanding of activities and events, helping analysts visualize complex log data, and enabling faster security investigations.

Furthermore, the company says, normalized and distilled audit events make Turngate an option even for defenders who lack detailed knowledge and training for their security products.

“I built the tool I wanted as a CISO but never got. As modern organizations grapple with understanding identity and user activity across an increasingly complex and fragmented digital footprint, our fresh approach provides the speed and clarity required for effective cyber security incident management and resilience,” Turngate founder and CEO Bruce Potter said.

Turngate will invest the new funds in advancing its solution, to deliver clarity into what is happening within organizations.

Related: Zero Networks Raises $20 Million to Secure Access to Enterprise Assets

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Related: ProvenRun Banks €15 Million for Secure Connected Vehicle Software

Related: Application Security Startup ArmorCode Raises $40 Million

Related: LLM Security Startup Lasso Emerges From Stealth Mode

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

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