Aembit Secures $25M in Series A Funding
Aembit, a leading non-human identity (NHI) IAM startup, has secured $25 million in Series A funding, bringing the total capital raised to nearly $45 million.
Aembit is a non-human Identity and Access Management (IAM) company focused on developing SaaS solutions to manage all the non-human access steps. That means the use of identity, policy-based, and MFA controls. Their goal is to bring improved cybersecurity to entities, limiting credential theft and loss.
This new funding comes after an increase in cybersecurity attacks including non-human identity attacks on Cloudflare, The New York Times, and Microsoft. NHI refers to the applications, scripts, and bots that businesses routinely use to automate their operations. These NHIs use credentials to communicate with sensitive databases, applications, and infrastructure. When compromised, hackers can access secrets like API keys, access tokens, and more.
Aembit’s solution is aimed at improving management of these NHIs. Leveraging native identities and sophisticated automation, organizations use Aembit to eliminate storage of sensitive secrets within applications or vaults by moving to short-lived access tokens with a no-code auth approach. With Aembit, businesses proactively secure non-human access while eliminating the manual and fragmented work required today by security, engineering, and DevSecOps teams.
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