Linx Security, a modern identity security and governance solutions company, emerged from stealth and announced that it has raised $33 million in funding. The funding round was led by Index Ventures and Cyberstarts, with investors also including entrepreneurs Mickey Boodaei (Imperva, Trusteer, Transmit) and Rakesh Loonkar (Trusteer, Transmit), and Cerca Partners and Knollwood Investment Advisory.
Launched in 2023 by Israel Duanis (CEO) and Niv Goldenberg (CPO), Linx Security emerged with the goal of redefining how organizations secure and manage identities across complex digital landscapes.
Israel and Niv are experienced cybersecurity executives with proven track records spanning over 25 years. Before founding Linx, Israel co-founded Fleetonomy (an AI-driven fleet management solutions platform, which was acquired by Via in 2020 and led the threat prevention line of business at CheckPoint Security). Niv’s last role before co-founding the company was VP Product at Mickey Boodaei’s Transmit, which during Niv’s tenure doubled its ARR.
Linx Security’s technology eliminates the blind spots and gaps inherent in traditional identity tools. It maps and monitors the relationships between users, their identities, and the access and permissions they have to company data and resources. Linx also uses advanced analytics and automation to enable organizations to shrink their attack surface, achieve compliance, and streamline operations across the entire lifecycle of users and identities.
Linx detected ungoverned access to a client’s code repository in a certain case. And by identifying all accounts and linking them to their human owners, Linx assessed each user’s permissions and risk level. This revealed a former employee’s unsecured access, which Linx promptly revoked, reducing the organization’s attack surface and improving security.
KEY QUOTES:
“Identity security is one of the urgent cybersecurity pain points organizations struggle to address in today’s fast-paced business environment. Our platform empowers organizations to navigate the complexities of identity security and governance with confidence, ensuring they stay ahead of evolving threats and regulatory requirements.”
– Israel Duanis, CEO of Linx Security
“Identity is the top threat vector for the modern enterprise. Identity teams under the CISO, are struggling to cope with a growing number of tasks and suffer from antiquated legacy solutions. The highly motivated and accomplished Linx team will undoubtedly leverage their vast experience, creativity, and vision to tackle that. We are proud to partner with Israel and Niv from day zero, on their journey to build Linx.”
– Cyberstarts’ Founder Gili Raanan
“Linx Security represents a pivotal advancement in identity security solutions, poised to redefine how organizations safeguard their digital assets. With a visionary leadership team and innovative technology, they are well-positioned to lead the industry in mitigating evolving cyber threats.”
– Shardul Shah, Index Ventures Partner
