Authomize

Company Overview

Snapshot

Founded in September 2019 by Dotan (Dot) Bar Noy, Ron Liberman, and Gal Diskin, Authomize operated with 1-10 employees. The company raised a total of $22 million across three funding rounds from five investors. Authomize was acquired by Delinea in January 2024.

Business overview

Authomize specializes in identity-first security, providing solutions to detect, investigate, and respond to identity and access threats. The company's core technology enables comprehensive observability, actionable insights, and remediation automation to protect cloud services and applications from account takeovers, privilege escalations, and identity-based attacks. Authomize serves various industries by helping organizations adhere to security and compliance requirements, operating within the Cyber Security sector, with a focus on Identity Security.

Strategic signal

In January 2024, Authomize was acquired by Delinea for several tens of millions of dollars. This acquisition signals a strategic move by Delinea to expand and enhance its cloud identity security controls, integrating Authomize's identity threat detection and response capabilities into its offerings. For investors, this demonstrates a successful exit for Authomize and validates the increasing market demand for robust identity-first security solutions in the evolving cyber threat landscape.

Company Intelligence Q&A

What was the most significant corporate event for Authomize?

Authomize was acquired by Delinea in January 2024 for several tens of millions of dollars, marking a significant exit for the company.

When was Authomize founded and by whom?

Authomize was founded in September 2019 by Dotan (Dot) Bar Noy, Ron Liberman, and Gal Diskin.

What was a notable recognition Authomize received?

In June 2021, Gartner named Authomize as a 2021 Cool Vendor in Identity-First Security.

Did Authomize form any strategic partnerships?

In July 2022, Authomize announced a strategic partnership with Delinea to expand and enhance cloud identity security controls. This partnership preceded Delinea's acquisition of Authomize.