Israeli cybersecurity company Polyrize has emerged from stealth to close a $4 million seed funding round and launch a new platform to assist enterprise security teams with automating authorization security processes, the company announced in a statement Tuesday.
The round was led by Israeli venture capital company Glilot Capital Partners.
Get our weekly newsletter directly in your inbox!Sign up
Founded in 2018 and built by cyber intelligence experts from the Israel Defense Forces, Polyrize is the first and only system that can correlate user permissions with actual identity behavior, across any cloud. The company applies its own identity graph technology and advanced AI capabilities to provide security teams with an understanding of both internal and external user identities.
Polyrize’s ability to shift across any cloud creates a “borderless perimeter in the enterprise,” said Nati Hazut, CEO and co-founder of the firm.
“Applications today are largely distributed and managed disparately by different people within an organization…[it becomes] nearly impossible to understand who has access rights and authorization to company assets…security teams have lost control. That’s precisely why we built Polyrize: to provide security teams with a true zero-trust approach to protecting identity access in the cloud,” he explains.
“In many cases, [security teams] are forced to manually learn, analyze and secure each identity on each service separately,” Aviv Gabay, Polyrize co-founder, and CTO explains, “Polyrize allows those teams to set effective controls around all of the different cloud services and maintain the precise level of involvement needed to control identity access.”
Polyrize authorizes identities on platforms ranging from Google’s G Suite and Office 365 to Box, Slack, and GitHub.