Israeli Cybersecurity platform Polyrize has officially launched from stealth after raising $4m in its seed round led by Glilot Capital Partners.
Polyrize’s platform allows enterprise security teams to automate the authorization security process by helping them control and secure user identities, privileges and access behavior in the cloud.
The company was established by cyber intelligence experts from Israel’s Defense Forces and also counts Tel Aviv-based VC Saban Ventures as one of its backers.
Polyrize has claimed to be the only platform able to break down any service terminology to its fundamental building blocks.
“The shift to the public cloud and the rapid adoption of SaaS and IaaS have created a borderless perimeter in the enterprise,” said Polyrize CEO and co-founder Nati Hazut.
“Applications today are largely distributed and managed disparately by different people within an organization. System owners have become the new access owners, making it nearly impossible to understand who has access rights and authorization to company assets.
“Bottom line is security teams have lost control. That’s precisely why we built Polyrize: to provide security teams with a true zero-trust approach to protecting identity access in the cloud.”
Fellow Israel-based cybersecurity startup, Vulcan Cyber, collected $10m in Series A funding from Ten Eleven Ventures and YL Ventures last month.
Cyber deception solution provider TrapX Security also recently raised $18m in funding round led by US-based venture capital firm Ibex Investors.
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