Authomize Overview
Authomize empowers organizations to establish identity-first security by detecting, investigating, and responding to identity and access threats. Customers use Authomize to protect their cloud services and applications from account takeovers, privilege escalations and identity-based attacks. Authomize provides organizations with comprehensive observability, actionable insights, and remediation automation, enabling adherence to security and compliance requirements. Authomize was named a cool vendor in Cool Vendors in Identity-First Security, 2021 by the Gartner Research Group.
Cumulative Funding Raised Over Time ($)
—Jan 2023
$6.0MJun 2020
$22.0MMay 2021
Latest News
growth-positive
Delinea acquires cyber startup Authomize for several tens of millions of dollars | CTech
US-based Delinea, a provider of Privileged Access Management solutions, has acquired Israeli startup Authomize. The startup, which has developed a platform to detect and eliminate identity-based threats across the cloud, will form the base of Delineas R&D center in Israel. The acquisition deal, estimated at several tens of millions of dollars, included cash and stock. The 38 employees of Authomize will join Delinea and the company plans to expand the center. Authomize was founded in late 2019 and had raised $28 million over a couple of rounds.
AcquisitionExpand
growth-positive
Authomize is Now Available in Australian Microsoft Data Centers
Authomize has made its Identity Threat Detection and Response Platform available through Microsoft data centers in Australia. The move is driven by customer demand in Australia, particularly in the finance and insurance sectors, and Authomizes ongoing relationship with the Australian government. The presence in Australian data centers has been operational since November 2022. The Australian Cyber Security Centre reported a 13% increase in cyber incidents in 2022, leading to a heightened focus on cybersecurity in the country. Authomizes platform can help organizations meet the security measures outlined in the Essential Eight Maturity Model. The companys ITDR Platform offers visibility and monitoring of identities, access privileges, and access activity, helping organizations restrict administrative privileges and implement multi-factor authentication.
CustomersPartners
Axiomatics Partners with Authomize to Deliver the First Policy-Based Access Control Approach to OpenITDR
growth-positive
Delinea and Authomize Announce Strategic Partnership to Expand and Enhance Cloud Identity Security Controls
Delinea and Authomize have announced a strategic partnership to co-sell their privileged access management (PAM) and cloud identity and access security solutions. The partnership aims to provide consistent privileged access security across multiple cloud infrastructures and SaaS applications through a Zero Trust approach. Organizations have lost visibility and control over their identity and access privileges in the race to the cloud, leading to fragmented and poorly suited security controls. Authomize brings its full-stack cloud access security capabilities to the partnership, while Delinea enhances its privileged access management capabilities. The joint use cases created by the partnership will enable organizations to gain better control over access to cloud applications and services. Authomize solutions will be available for purchase through Delinea starting in August 2022.
Partners
growth-positive
Gartner Names Authomize as a 2021 Cool Vendor in Identity-First Security
Authomize, an Identity and Security Management Platform, has been recognized as a Cool Vendor by Gartner in the Identity-First Security category. The companys SmartGroup technology, which aggregates and analyzes data across IT environments to optimize permissions, was highlighted in the report. The recognition validates Authomizes growth and customer trust since its emergence from stealth mode. The company, which helps organizations manage and secure identities, access, and privileges across multi-cloud and hybrid environments, is backed by Innovation Endeavors, Blumberg Capital, Entree Capital, and M12.
Customers
| Sector | Cyber Security |
Funding
| Total funding | $22M |
| Last funding | Undisclosed |
| Stage | Acquired |
| Rounds | 3 |
| Investors | 5 |
Team Members
3
Employees: 1-10
Web & Social Links
| Website | delinea.com/authomize |
| Careers | Careers page |
Locations
Gershon Shatz St 13, Tel Aviv-Yafo, Israel
Alpharetta, Georgia, USA
Photos & Videos
No files yet
Authomize Business
Business models
B2B
Product stage
Released
Employees
1-10
Sector
Cyber SecurityIdentity SecurityTarget Customer
Enterprise & Professional ServicesITData CentersEnterprisesCore Technology
Data StorageCloudArtificial IntelligenceMachine LearningTags (7)
artificial-intelligenceit-securitysaascompliancecyber-securitycloudenterprise-solutionsAuthomize Financials
$22M
Total funding
Undisclosed
Capital raised
Undisclosed
Last funding
Acquired
Funding stage
3
Total rounds
5
Investors
Cumulative Funding Raised Over Time ($)
—Jan 2023
$6.0MJun 2020
$22.0MMay 2021
Private Equity Funding
Undisclosed Round
Jan 2023
Undisclosed
Tenable (Lead)
A Round
May 2021
$16M
Innovation Endeavors (Lead), Entrée Capital (Lead)
,
M12, Blumberg Capital
Seed
Jun 2020
$6M
Entrée Capital (Lead), Blumberg Capital (Lead)
,
M12
Public Offering / Exit
MNAEvent
Jan 2024
Undisclosed
Authomize Lifecycle
Cumulative Funding Raised Over Time
—Jan 2023
$6.0MJun 2020
$22.0MMay 2021
All Events
Undisclosed Round
Jan 2023
Undisclosed
Tenable (Lead)
A Round
May 2021
$16M
Innovation Endeavors (Lead), Entrée Capital (Lead)
,
M12, Blumberg Capital
Seed
Jun 2020
$6M
Entrée Capital (Lead), Blumberg Capital (Lead)
,
M12
MNAEvent
Jan 2024
Undisclosed
Authomize News
7 articles
growth-positive
Delinea acquires cyber startup Authomize for several tens of millions of dollars | CTech
US-based Delinea, a provider of Privileged Access Management solutions, has acquired Israeli startup Authomize. The startup, which has developed a platform to detect and eliminate identity-based threats across the cloud, will form the base of Delineas R&D center in Israel. The acquisition deal, estimated at several tens of millions of dollars, included cash and stock. The 38 employees of Authomize will join Delinea and the company plans to expand the center. Authomize was founded in late 2019 and had raised $28 million over a couple of rounds.
AcquisitionExpand
growth-positive
Authomize is Now Available in Australian Microsoft Data Centers
Authomize has made its Identity Threat Detection and Response Platform available through Microsoft data centers in Australia. The move is driven by customer demand in Australia, particularly in the finance and insurance sectors, and Authomizes ongoing relationship with the Australian government. The presence in Australian data centers has been operational since November 2022. The Australian Cyber Security Centre reported a 13% increase in cyber incidents in 2022, leading to a heightened focus on cybersecurity in the country. Authomizes platform can help organizations meet the security measures outlined in the Essential Eight Maturity Model. The companys ITDR Platform offers visibility and monitoring of identities, access privileges, and access activity, helping organizations restrict administrative privileges and implement multi-factor authentication.
CustomersPartners
Axiomatics Partners with Authomize to Deliver the First Policy-Based Access Control Approach to OpenITDR
growth-positive
Delinea and Authomize Announce Strategic Partnership to Expand and Enhance Cloud Identity Security Controls
Delinea and Authomize have announced a strategic partnership to co-sell their privileged access management (PAM) and cloud identity and access security solutions. The partnership aims to provide consistent privileged access security across multiple cloud infrastructures and SaaS applications through a Zero Trust approach. Organizations have lost visibility and control over their identity and access privileges in the race to the cloud, leading to fragmented and poorly suited security controls. Authomize brings its full-stack cloud access security capabilities to the partnership, while Delinea enhances its privileged access management capabilities. The joint use cases created by the partnership will enable organizations to gain better control over access to cloud applications and services. Authomize solutions will be available for purchase through Delinea starting in August 2022.
Partners
growth-positive
Gartner Names Authomize as a 2021 Cool Vendor in Identity-First Security
Authomize, an Identity and Security Management Platform, has been recognized as a Cool Vendor by Gartner in the Identity-First Security category. The companys SmartGroup technology, which aggregates and analyzes data across IT environments to optimize permissions, was highlighted in the report. The recognition validates Authomizes growth and customer trust since its emergence from stealth mode. The company, which helps organizations manage and secure identities, access, and privileges across multi-cloud and hybrid environments, is backed by Innovation Endeavors, Blumberg Capital, Entree Capital, and M12.
Customers
growth-positive
AI-powered identity access management platform Authomize raises $16M
Cloud-based authorization startup Authomize has raised $16 million in series A funding, bringing its total raised to $22 million. The funding will be used to support R&D and hiring efforts as the company expands. Authomize aims to address identity governance and administration challenges by providing a complete view of apps across cloud environments. The companys platform offers prescriptive, corrective suggestions and secures identities to ensure compliance. Authomize has the backing of notable investors and undisclosed partners, and its annual recurring revenue growth is expected to reach 600% in 2021. The company recently launched an integration with the Microsoft Graph API to provide explainable, prescriptive recommendations for Microsoft services permissions. Authomize plans to expand its R&D teams and increase its sales and marketing operations in North America.
InvestmentExpand
growth-positive
Israel-based Authomize announces $6 million seed round
Israeli cloud-based authorization management startup Authomize has raised $6 million in a seed funding round led by Blumberg Capital, M12, and Entrée Capital. The company plans to use the funds to grow its team and further develop and market its solution. Authomize aims to simplify authorization governance and management by introducing automation and providing deep granular visibility with prescriptive and corrective suggestions. The companys solution reduces the burden on IT, secures identities, and ensures compliance. Authomize addresses the challenges organizations face in managing authorizations, especially with a distributed workforce and increasing use of cloud services. The funding round reflects the growing demand for solutions that help companies manage authorizations effectively and securely.
Investment
Authomize Team
Employee Info
| Employees (range) | 1-10 |
| Exact count | 7 |
| Team members | 3 |
Similar Companies
Similar companies data is computed dynamically and not stored in the entity profile. This section requires implementing a similarity query (e.g. by classification overlap, sector, district).
This entity has 10 classification IDs that could be used for matching.
Authomize Internal
Recent Updates
No update log entries.
Note: Free-text notes visible in the original Finder "Internal" tab are not present in the imported profile data. Only the update audit log is available.
Admin Info
| Confidence | 99/100 |
| Missing | video or image, markets |
| BI Verification | Maor Perlov |
| Registrar ID | 516089919 |
| Creator | Dotan (Dot) Bar Noy |
| Creator email | dotan@authomize.com |
| Last updater | Yanina Wainscheinker |
| Updater email | yanina.wainscheinker@sncentral.org |
| Last update | 2023-04-24T00:00:00.000Z |
| Created | 2020-05-11T00:00:00.000Z |
| Claimed | Yes |
| Status detail | Acquired by Delinea on Jan, 2024 |