Token Security, based in Tel Aviv, has unveiled its emergence from stealth mode with $7 million in seed funding led by TLV Partners. This funding round aims to bolster Token’s unique approach to identity security, focusing on machine-first identity management rather than traditional human-centric methods. The company addresses the growing challenge of managing machine identities, which outnumber human identities by a significant margin in today’s cloud and AI-driven environments.
Token Security’s platform tracks and secures machine identities across various repositories used by engineers, aiming to detect and mitigate identity-related risks in real-time without disrupting workflow. By prioritizing the identification and management of machine identities, Token enhances security measures against identity compromises, a prevalent cause of modern cyber breaches. Co-founder and CEO Itamar Apelblat highlights the shift in approach, emphasizing proactive monitoring and remediation strategies tailored to the dynamic nature of machine identities.
Token Security’s technology enables organizations to map and standardize data across identity and access management (IAM) repositories, clustering identities and credentials for different operational teams. This approach not only improves visibility and control over machine identities but also enhances overall security posture by prioritizing critical vulnerabilities and automating remediation processes where feasible. As organizations increasingly adopt cloud and AI technologies, Token aims to support them in managing identity risks effectively through its innovative machine-first security solutions.
