Share this
Elisity Secures $37M to Pioneer Identity-centric Security Solutions
by James Winebrenner on Apr 30, 2024 7:36:44 AM
Today marks a significant milestone for Elisity, as we proudly announce $37 million in Series B funding led by Insight Partners. This pivotal investment is a testament to our innovative approach to cybersecurity through identity-based microsegmentation, promising to significantly advance how businesses protect their digital and cyber-physical environments. Our vision, now supercharged by this financial and strategic backing, sets us apart in a crowded field and underscores Elisity’s role as a leader in cybersecurity evolution.
Insight Partners’ involvement as the lead investor in this round is not just a financial boost but a significant endorsement of Elisity’s vision and strategy. Their track record of steering high-growth technology companies to success enhances our credibility and underlines the potential of our innovative solutions. Their support is a powerful validation of our direction and a catalyst for attracting further investment and confidence in our mission. I am particularly excited to welcome Stephen Ward to the board. His background as the CISO for Home Depot and TIAA, and his track record as a cybersecurity investor, will be invaluable for our next phase of growth.
Founded with the vision to enhance security for OT/IoT devices, Elisity has consistently broken new ground. Our platform’s unique ability to utilize IdentityGraph technology enables dynamic, least-privilege access policies that are abstracted from the underlying network architecture and adapt in real-time to the evolving landscape of cyber threats. This capability is not just innovative—it’s foundational to modern cybersecurity frameworks.
As we look to the future, our roadmap is clear. The investment will fuel our expansion in the go-to-market strategy, scaling up our sales and marketing efforts while continuing investment in R&D to refine AI-driven policy automation. These initiatives are crucial as we aim to set new standards in network security, making zero trust architectures more accessible and effective across all sectors.
Our commitment goes beyond technology. It’s about building a community of trust and security. To our customers, partners, and investors who have joined us on this journey, your support is invaluable. Together, we are not just responding to market needs but actively shaping the future of cybersecurity.
For a deeper dive into our recent achievements and future plans, we invite you to read our detailed press release and a feature on our advancements in The Wall Street Journal.
For a deeper dive into our recent achievements and future plans, we invite you to read our detailed press release and a feature on our advancements in The Wall Street Journal.
Share this
- Blog (30)
- Cybersecurity (13)
- Zero Trust (12)
- Enterprise Security (10)
- Identity (5)
- Elisity (4)
- Enterprise Architecture Security (4)
- Network Security (4)
- Remote Access (4)
- microsegmentation (3)
- Black Hat (2)
- Identity and Access Management (2)
- blogs (2)
- Adaptive Trust (1)
- MITRE (1)
- News (1)
- Software Supply Chain Security (1)
- case study (1)
- cyber resilience (1)
- November 2024 (5)
- October 2024 (7)
- September 2024 (5)
- August 2024 (3)
- July 2024 (4)
- June 2024 (2)
- April 2024 (3)
- March 2024 (2)
- February 2024 (1)
- January 2024 (3)
- December 2023 (1)
- November 2023 (1)
- October 2023 (2)
- September 2023 (3)
- June 2023 (1)
- May 2023 (3)
- April 2023 (1)
- March 2023 (6)
- February 2023 (4)
- January 2023 (3)
- December 2022 (8)
- November 2022 (3)
- October 2022 (1)
- July 2022 (1)
- May 2022 (1)
- February 2022 (1)
- November 2021 (1)
- August 2021 (1)
- May 2021 (2)
- April 2021 (2)
- March 2021 (3)
- February 2021 (1)
- November 2020 (2)
- October 2020 (1)
- September 2020 (1)
- August 2020 (3)
No Comments Yet
Let us know what you think