Orchid Security, a New York-based company specializing in identity-first security orchestration, has raised $36 million in seed funding.
Investors
The round was co-led by Team8 and Intel Capital, with support from CapitalOne and industry leaders.
Team8 is a global venture creation and venture capital fund focused on building and investing in companies across cybersecurity, data & AI, fintech, and digital health sectors. Team8 supports startups from inception to growth.
Intel Capital is the investment arm of Intel Corporation, focusing on technology startups and companies. Its investments span various areas, including artificial intelligence, autonomous technology, cloud and data centers, 5G, semiconductor manufacturing, and cybersecurity.
Orchid Security Use of Funds
This funding will accelerate Orchid's use of large language models (LLMs), the development of its platform, scaling up its sales and support teams, and building its marketing engine.
About Orchid Security
Founded by Roy Katmor, Robert Weisman, and Ido Kelson, Orchid Security provides an identity security platform leveraging large language models (LLMs) to unify and secure complex identity environments across enterprises. Its solution continuously discovers and assesses authentication and authorization flows across on-premise and SaaS applications. Its customers include Fortune 500 companies like Costco and Repsol.
Funding Details
Company: Orchid Security, Inc.
Raised: $36.0M
Round: Seed Round
Funding Month: January 2025
Lead Investors: Team8, Intel Capital
Additional Investor: CapitalOne
Company Website: https://www.orchid.security/
Software Category: Identity Management and Security
Source: https://www.accesswire.com/964666/orchid-security-raises-36-million-seed-funding-to-bring-clarity-to-the-complexity-of-fragmented-identity-security-with-llms