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Home News

Hydden Raises $4.4M for Identity Security

September 17, 2024
Reading Time: 2 mins read
in News

Hydden, an identity security management company, has raised $4.4 million in a seed funding round led by Access Venture Partners. Additional contributors include Lockstep (a venture fund led by CISOs Rinki Sethi and Lucas Moody), Service Provider Capital, and several angel investors. This funding will help Hydden advance its identity security platform designed to offer organizations complete visibility into identities, accounts, and privileges.

The platform connects to existing identity and access management (IAM) tools, cloud applications, and on-premises systems, leveraging a continuous discovery engine to identify and classify identity-related risks. It integrates across IAM, identity governance, privileged access management (PAM), and identity threat detection and response (ITDR) solutions, creating a unified data layer. This approach provides organizations with a clearer view of potential vulnerabilities.

Hydden’s platform also features a time capsule tool for post-event analysis, which identifies patterns and aids in understanding past security incidents. The platform’s connectors help uncover and interpret identity data without disrupting ongoing operations, enabling better threat detection and response. This integration allows security teams to manage risks effectively while maintaining the functionality of their existing infrastructure.

CEO Jai Dargan explained that the company’s mission is to help organizations reduce their identity attack surface and improve identity hygiene in the face of expanding human and non-human identities. As hybrid infrastructures evolve, traditional IAM systems struggle to keep pace, and Hydden bridges this gap by providing the visibility and automation needed to address modern security challenges.

 

Reference:

  • Hydden Raises $4.4M in Seed Funding
Tags: Cyber NewsCyber News 2024Cyber threatsFundingHyddenSeptember 2024
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