Anetac Emerges From Stealth Mode With $16 Million in Funding

Silicon Valley startup Anetac on Monday introduced that it has emerged from stealth mode with a platform for managing and securing non-human identities.

The corporate additionally introduced it has raised $16 million in a funding spherical led by Liberty International, with extra help from GP Ventures, Defend Capital, and angel buyers.

Based in 2023, Anetac supplies organizations with real-time visibility into API and entry keys, service accounts, and tokens, together with indicators of assault, enabling safety groups to establish and tackle vulnerabilities earlier than exploitation.

Anetac claims its Dynamic Identification and Safety Platform covers the risk assault floor of service accounts in hybrid environments, mapping entry chains and robotically analyzing conduct.

To assist organizations enhance their safety hygiene, it highlights dormant accounts, lack of credential rotation, giant standing privileges, and shared-use accounts.

The corporate’s resolution is at present utilized by airways, banks, schools, and important infrastructure organizations.

Anetac says the brand new funding will assist it give attention to delivering a seamless enterprise expertise and tailor its service choices to the fashionable risk panorama.

“It’s staggering to find the extent of poor safety hygiene amongst service accounts. With our new platform, obtainable as we speak, we’ll proactively remedy the disconnect of static scanning instruments with an progressive, streaming strategy that dynamically addresses id issues and improves organizations’ safety posture,” Anetac CEO and co-founder Tim Eades mentioned.

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Anetac emerged from stealth mode lower than every week after non-human id administration startup Oasis Safety introduced a $35 million in a Sequence A extension spherical.

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