Otterize Overview
Otterize is an open-source solution helping connect services securely to each other and their infrastructures. The company's solution enables DevOps and platform engineers to automate the secure connection of services to each other and infrastructures.
Cumulative Funding Raised Over Time ($)
$11.5MApr 2023
Latest News
growth-positive
The move adds intent-based access control to Cyera’s platform as it positions itself at the center of cloud data protection.
Cyera, an Israeli cybersecurity company, has acquired Otterize, another Israeli firm specializing in securing non-human identities in cloud environments, for tens of millions of dollars. This acquisition is part of Cyeras strategy to enhance its cloud data protection platform and marks its third acquisition in Israel. The acquisition follows Cyeras recent $540 million Series E funding round, which increased its valuation to $6 billion. Otterizes technology will integrate into Cyeras platform, strengthening its capabilities in data security. The acquisition also highlights the resilience of Israeli tech companies amid geopolitical tensions. Otterize was founded in 2022 and had previously raised $11.5 million in a Seed round from investors including Index Ventures, Dig Ventures, and Vine Ventures.
AcquisitionInvestmentCustomersPartners
growth-positive
Otterize raises $11.5 million in Seed for its intent-based access control paradigm | CTech
Otterize, an open-source solution, has raised $11.5 million in Seed funding and launched its Otterize Cloud product. The funding round was led by Index Ventures, Dig Ventures, and Vine Ventures, with participation from other investors. Otterize aims to provide a new approach to service-to-service access, focusing on effortless and secure connections without introducing new authorization components. The companys product, which utilizes intent-based access control (IBAC), allows developers to declare the intended calls and automatically configures access controls accordingly. Otterize was founded in 2022 and offers an open-source solution for automating the secure connection of services.
Investment
| Sector | Business Software |
Funding
| Total funding | $11.5M |
| Last funding | $11.5M |
| Stage | Acquired |
| Rounds | 1 |
| Investors | 4 |
Team Members
3
Employees: 1-10
Web & Social Links
| Website | otterize.com/ |
Locations
Israel
Photos & Videos
No files yet
Otterize Business
Business models
B2B
Product stage
Released
Employees
1-10
Sector
Business SoftwareIT, R&D & Data SolutionsIT & Network ManagementProject Management & CollaborationTarget Customer
Enterprise & Professional ServicesEnterprisesSoftware DevelopmentCore Technology
Platforms & InterfacesSoftwareTags (3)
saasbusiness-process-managementdevopsOtterize Financials
$11.5M
Total funding
Undisclosed
Capital raised
$11.5M
Last funding
Acquired
Funding stage
1
Total rounds
4
Investors
Cumulative Funding Raised Over Time ($)
$11.5MApr 2023
Private Equity Funding
Seed
Apr 2023
$11.5M
Vine Ventures (Lead), Index Ventures (Lead), Dig Ventures (Lead)
,
Jibe Ventures
Public Offering / Exit
MNAEvent
Jun 2025
Undisclosed
Otterize Lifecycle
Cumulative Funding Raised Over Time
$11.5MApr 2023
All Events
Seed
Apr 2023
$11.5M
Vine Ventures (Lead), Index Ventures (Lead), Dig Ventures (Lead)
,
Jibe Ventures
MNAEvent
Jun 2025
Undisclosed
Otterize News
2 articles
growth-positive
The move adds intent-based access control to Cyera’s platform as it positions itself at the center of cloud data protection.
Cyera, an Israeli cybersecurity company, has acquired Otterize, another Israeli firm specializing in securing non-human identities in cloud environments, for tens of millions of dollars. This acquisition is part of Cyeras strategy to enhance its cloud data protection platform and marks its third acquisition in Israel. The acquisition follows Cyeras recent $540 million Series E funding round, which increased its valuation to $6 billion. Otterizes technology will integrate into Cyeras platform, strengthening its capabilities in data security. The acquisition also highlights the resilience of Israeli tech companies amid geopolitical tensions. Otterize was founded in 2022 and had previously raised $11.5 million in a Seed round from investors including Index Ventures, Dig Ventures, and Vine Ventures.
AcquisitionInvestmentCustomersPartners
growth-positive
Otterize raises $11.5 million in Seed for its intent-based access control paradigm | CTech
Otterize, an open-source solution, has raised $11.5 million in Seed funding and launched its Otterize Cloud product. The funding round was led by Index Ventures, Dig Ventures, and Vine Ventures, with participation from other investors. Otterize aims to provide a new approach to service-to-service access, focusing on effortless and secure connections without introducing new authorization components. The companys product, which utilizes intent-based access control (IBAC), allows developers to declare the intended calls and automatically configures access controls accordingly. Otterize was founded in 2022 and offers an open-source solution for automating the secure connection of services.
Investment
Otterize Team
Employee Info
| Employees (range) | 1-10 |
| Exact count | 7 |
| Team members | 3 |
Similar Companies
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This entity has 11 classification IDs that could be used for matching.
Otterize Internal
Recent Updates
No update log entries.
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Admin Info
| Confidence | 90/100 |
| Missing | video or image, markets, not claimed |
| BI Verification | Dana Arnon |
| Registrar ID | 516500543 |
| Crunchbase | otterize |
| Creator | Matan Eblagon |
| Creator email | matane@sncentral.org |
| Last update | 2023-04-13T00:00:00.000Z |
| Created | 2023-04-13T00:00:00.000Z |
| Status detail | Acquired by Cyera on Jun, 2025 |