Trustle – a provider of innovative cloud access management solutions – announced a $6 million seed funding round led by Glasswing Ventures with participation from FUSE, Correlation Ventures, and Capital Technology Ventures. Trustle’s goal is to fundamentally transform the management of access-at-risk. The company plans to use this funding to expand product development, marketing research, and sales resources.
Trustle enables deep integration into a company’s critical cloud resources like Azure, Okta, and Google Workspaces and makes it simple for citizen developers to automate secure access control and compliance reviews across systems. More recently, Trustle added support for Tableau and expanded support for GitHub.
Using Trustle, teams are able to automatically grant and rescind access to multiple resources on a user-by-user basis while offering a holistic overview of all connected systems. And the Trustle platform enables companies to categorize employees, contractors, systems, and customers without storing this information in an HRM (human resource management) system. In order to support audit and regulatory requirements, Trustle provides approval workflows.
Trustle’s upcoming product roadmap includes new Trustle Pacs, allowing users to cluster permissions from multiple systems such as AWS or Github. And this will enable the head of an account the ability to grant access to specific individuals rather than an HR manager or system administrator, allowing for enhanced efficiency. Plus Trustle will calculate micro and macro risk levels for individual employees, contractors, customers, and connected systems based on misconfigured settings and access.
Survey: According to a 2022 report by Identity Defined Security Alliance, 84% of respondents experienced an identity-related breach in the last year and 78% cited a direct business impact as a result. Trustle helps organizations address identity and access-based attacks by enabling them to follow the principle of least privilege and just-in-time access for securing sensitive and confidential data.
KEY QUOTES:
“The mechanisms to manage access differ across cloud resources, making it incredibly difficult for teams to wrap their arms around who has access to what, creating risk for enterprises. Trustle packages all of these nuances into one streamlined platform that provides dynamic permissions and access management for citizen developers. We are thrilled to have the support of each of our investors and look forward to growing our presence in the market.”
— Emiliano Berenbaum, CEO, Trustle
“As identity and access management practitioners themselves, Trustle’s leadership team has seen firsthand the seemingly never-ending stream of access requests that a business generates daily. They have witnessed the pervasive challenges associated with employee access, and how contractors, systems and customer access are also being improperly managed and tracked. Glasswing is impressed by Trustle’s AI-driven solutions to address access management in the cloud, and we believe the company is well-positioned for success in this market.”
— Rick Grinnell, Glasswing Ventures Founder and Managing Partner
“Cloud systems are both the most critical and often least protected assets, mainly because current solutions lack the depth and alignment with modern operating models. Trustle recognized a significant market need to improve on cloud platforms and operations management, and has already taken significant steps to present a meaningful solution to the market. FUSE is pleased to invest in Trustle and be part of their journey to revolutionize access management.”
— Kellan Carter, partner at FUSE
