Token Security, a machine identity startup, has raised $7 million in seed funding .
Led by TLV Partners, with participation from SNR and angel investors including Shlolo Kramer. Token Security pioneers a “machine-first approach” to identity management, shifting focus from human-centric systems to managing and securing machine identities within IT infrastructures. The platform integrates with existing infrastructure, evaluates security threats, and manages access permissions.
Co-founder and CTO Ido Shlomo emphasized their mission to remediate risks and minimize exposures by prioritizing critical identities and vulnerabilities. The platform addresses the challenges of cloud and microservices architectures, where machine identities outnumber human identities. CEO Itamar Apelbat highlighted the rise of identity-based attacks and the necessity for a solution that encompasses all major cloud platforms.
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Token Security’s platform seamlessly integrates with cloud providers like AWS, Google Cloud, Microsoft Azure, and Snowflake, as well as identity management tools and source code repositories, providing contextual analysis and enhancing security measures. This funding will support the further development of their platform and expansion in the identity management sector.
Apelbat noted that legacy solutions focus on on-premise, primarily human identities, whereas Token Security tackles the complex, dispersed identities in the cloud and AI era. Shlomo added that their platform clusters identities, credentials, and entitlements for various teams, such as Engineering and DevOps, bringing security organizations from darkness to actionable risk remediation.
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