- Cybersecurity platform company Polyrize announced it has raised $4 million
- This round of funding was led by Glilot Capital Partners
Polyrize is a cybersecurity platform company that helps enterprise security teams automate the authorization security process across native and non-native cloud environments. The company does this by leveraging a proxyless approach and a machine learning engine.
Essentially, Polyrize continuously authorizes identities and gives security teams centralized control over permissions and actions — across any IaaS and SaaS environments — to prevent unauthorized access from internal or external threats.
“The shift to the public cloud and the rapid adoption of SaaS and IaaS have created a borderless perimeter in the enterprise,” said Polyrize CEO and co-founder Nati Hazut. “Applications today are largely distributed and managed disparately by different people within an organization. System owners have become the new access owners, making it nearly impossible to understand who has access rights and authorization to company assets. Bottom line is security teams have lost control. That’s precisely why we built Polyrize: to provide security teams with a true zero-trust approach to protecting identity access in the cloud.”
Polyrize was built by experts in cyber intelligence from Israel’s Defense Forces. And it is the first and only system able to correlate user permissions with actual identity behavior across any cloud. Plus it is also the only platform able to break down any service terminology to its fundamental building blocks. Leveraging the company’s proprietary identity graph technology and advanced AI capabilities, Polyrize provides security teams with a centralized view of internal and external user identities, access privileges and behavior.
“While the public cloud has been a great enabler for business, an increasing number of services and applications have made access logic, permission sets, resources, capabilities and risks much more difficult to manage,” added Aviv Gabay — co-founder and CTO of Polyrize. “Security teams are struggling to adjust and, in many cases, are forced to manually learn, analyze and secure each identity on each service separately. Polyrize allows those teams to set effective controls around all of the different cloud services and maintain the precise level of involvement needed to control identity access, and protect against internal and external threats.”
And Polyrize also announced it raised $4 million in seed funding led by Glilot Capital Partners.
“Today’s enterprise security teams fly blind post log-in,” explained Kobi Samboursky — the co-founder and Managing Partner at Glilot Capital Partners. “They simply lack the tools to understand who has access to what, and why. As emphasis is moving toward cloud and Zero Trust, access becomes the last defense line. When we first met Nati and the team, we were immediately aligned with their vision and mission of securing authorization. We are thrilled to have the company join our portfolio and to play a role in its growth and success for years to come.”