Thursday, April 24, 2025

AuthMind Raises $19.3M to Advance Identity Protection

Related stories

BlackCloak Unveils First ID Tool to Fight Deepfake Threats

BlackCloak has launched an industry-first Identity Verification solution to...

BigID Launches AI Privacy Console for Leaders and Risk Intel

BigID, the leading platform for data security, privacy, compliance,...

HiddenLayer Launches AISec 2.0 for Enterprise AI Security

Launch coincides with RSAC 2025 and introduces Model Genealogy, AIBOM,...

Pentera 7 Adds Scalable Testing, AI Reporting for Enterprise

Distributed Attack Orchestration supports parallel security testing in organizations with...

Healthee Raises $50M to Transform Health Benefits

Healthee, the AI-powered platform transforming the health benefits experience,...
spot_imgspot_img

Observability-based architecture protects identitieshuman, non-human, and Agentic AIacross all enterprise environments, while helping businesses safely accelerate cloud and AI adoption

AuthMind Inc., a leading innovator in identity protection, announced a $19.3 million seed round led by Cheyenne Ventures. The round included participation from investors at Black Opal Ventures, K2 Access Fund, the Jefferies Family Office, Silver Buckshot Ventures, and Blu Venture Investors, as well as existing investors Ballistic Ventures and IBM.

Modern enterprises face growing risk from fragmented identity infrastructures spanning on-prem, hybrid, cloud, and SaaS environments, intensified by the rise of shadow IT, non-human workloads, and agentic AI. As a result, traditional security tools have failed to keep pace with today’s identity-based threats, including sophisticated, “low-and-slow” and “living-off-the-land” attacks, conducted by groups like Volt Typhoon, which mimics legitimate identity activity. Enterprises need innovative identity protection solutions built on contextual identity observability to effectively detect and stay protected against evolving threats.

AuthMind’s observability-based approach protects all identities across multi-cloud, hybrid, and on-premises environments. Holistic identity observability results in AuthMind’s highest fidelity ability to identify risks and attacks in real time. It empowers security teams to rapidly and securely drive business transformation through cloud adoption and AI integration.

Also Read: Securonix Names Ben Gibson as Chief Marketing Officer

The latest round of financing enables greater acceleration of go-to-market operations and product innovations within the award-winning AuthMind Identity Protection Platform that deploys throughout the enterprise in minutes.

“As enterprises navigate increasingly complex technology environments, the complexity of identity protection has grown exponentially,” said Gregory Eaton, founder and managing director at Cheyenne Ventures. “AuthMind is addressing this challenge head-on with a new approach to identity protection through comprehensive identity observability, giving organizations the context, clarity and control to protect their environments. We are excited to support AuthMind as they lead the way in transforming identity protection.”

“AuthMind is redefining identity protection by providing continuous, context-driven observability, posture management, and threat detection for all identities and their access paths across multi-cloud, SaaS, and on-premises environments,” said Shlomi Yanai, CEO of AuthMind. “With the backing of top investors and advisors, we are poised to expand our market reach and protect enterprises against the growth of identity-based threats driven by today’s cloud migration and the accelerating use of AI tools.

Source: PRNewswire

Subscribe

- Never miss a story with notifications


    Latest stories

    spot_img