Akeyless, a Tel Aviv-based unified secrets and machine identity platform provider, has received a strategic investment.
Investors
The round was from Deutsche Bank Corporate Venture Capital (CVC), a corporate venture capital arm of Deutsche Bank headquartered in Berlin, Germany. The firm prefers to invest in the technology and innovation sectors.
Akeyless Use of Funds
The investment will accelerate Akeyless's mission to prevent breaches by enhancing control, visibility, and security for enterprises in managing secrets and machine identities.
About Akeyless
Akeyless offers a cloud-native SaaS platform that integrates Vaultless Secrets Management, Certificate Lifecycle Management, Privileged Access Management, and Key Management Services to secure non-human identities across all environments. Its primary product is a unified Secrets & Machine Identity Management platform, designed to protect sensitive data by securing and managing secrets—like passwords, API keys, certificates, and cryptographic keys—used by both human and non-human (machine) identities.
Funding Details
Company: Akeyless Security Ltd.
Raised: Undisclosed
Round: Strategic Investment
Funding Date: October 2024
Investor: Deutsche Bank's Corporate Venture Capital (CVC)
Company Website: https://www.akeyless.io/
Software Category: Identity Security
Source: Lazer Cohen | Concrete.media