Entro Security raises $18 million Series A for non-human identity and secrets management platform
Entro Security raises $18 million Series A for non-human identity and secrets management platform
The Israeli startup’s platform helps security teams to implement and automate strong governance for secrets and NHI management, with real-time detection and response
Entro Security, which develops a non-human identity (NHI) and secrets management platform, announced on Tuesday that it has closed an $18 million Series A round, led by Dell Technologies Capital with the participation of leading angel investors.
Entro has raised $24 million since exiting stealth in May 2023, with Seed funding from StageOne Ventures, Hyperwise Ventures and angel investors such as Rakesh Loonkar and Mickey Boodaei.
Entro’s platform helps security teams to implement and automate strong governance for secrets and NHI management, with real-time detection and response. The company aims to provide a bird’s-eye and granular view of all NHIs, centralizing and contextualizing NHIs and secrets security data.
Within its first year, Entro is already working with customers including Booking, SolarWinds, Elastic, KAYAK and Regatta.
“Both IBM and Verizon reports ranked NHI and secrets breaches as the second most frequent attack and the costliest one, which is why interest in our platform has spiked by CISOs and security leaders,” said Itzik Alvas, CEO and co-founder of Entro Security. “We are eager to use the Series A funding to continue to lead this vertical, serve our dozens of customers and scale.”
“The Entro Security team intimately understands the complex challenges of securing enterprise-scale systems. Itzik and Adam have lived these challenges, which is how they’re able to build a platform that’s truly by practitioners, for practitioners to address threats to machine-to-machine interactions,” said Deepak Jeevankumar, managing director, Dell Technologies Capital.
