Identity security firm Spera nets $10m seed funding

Spera

Spera, an Israel-based cybersecurity startup offering protection from identity-driven threats, has scored $10m in seed funding.

The round was led YL Ventures with participation from Google, Palo Alto Networks, Zscaler, Zendesk, Akamai and others.

Spera claims it is the first identity security posture management solution delivering end-to-end identity attack surface management, risk reduction and identity threat prevention, detection and response.

Spera’s platform creates a real-time, continuously updated, risk and context-based inventory of identities and access across cloud and on-prem environments. This inventory is then rapidly analysed, assessed and normalised, arming security teams with critical granular insights for remediating and preventing identity-driven attacks.

The company’s ‘trust-but-verify’ approach to identity security empowers security teams to leverage identity as a business strength while ensuring that identity security perimeters aren’t jeopardized by ineffective processes or human error.

Spera CEO Dor Fledel said, “Identity threat prevention is top of mind for every security team and Spera is a force multiplier for them. The platform eliminates the need to log into multiple portals or stitch together data from various teams, systems, multiple identity providers and apps.

“Spera will become the comprehensive, ‘one-stop-shop’ for streamlined Identity Security Posture Management and Identity Threat Detection and Response (ITDR), bringing enterprises the identity confidence they deserve.”

Stratyfy, a machine learning solutions innovator that mitigates risk and enables inclusive lending for financial institutions, has bagged $10m in funding.

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