Permiso Security Inc. Raises $18.5M to Enhance Cloud Identity Protection
April 6, 2024, 9:32 am
Location: United States, California, Palo Alto
Employees: 11-50
Founded date: 2020
Total raised: $28.5M
Identity threat detection and response startup Permiso Security Inc. has secured $18.5 million in new funding to expand integrations and introduce new product capabilities to enhance cloud security for its customers. Founded in 2020, Permiso offers an identity-based cloud detection and response solution for cloud infrastructures.
Permiso's service protects identities in a modern digital enterprise by creating a "single pane of glass" for identities across various platforms to identify the riskiest actors in a given environment. The company's runtime graph and activity analysis engine generates high-fidelity alerts with immediate attribution and context by tracking all entities that access an environment.
By correlating runtime activity across boundaries with static information, Permiso helps organizations quickly detect and respond to threats in their cloud environments. The company's composite "meta" identity unifies human and nonhuman identities within an enterprise, providing security teams with a comprehensive view of their environment.
Since its emergence in 2022, Permiso has experienced significant growth and has notable customers such as Autodesk Inc., Nutanix Inc., and Modern Health Inc. The company has also assisted casino groups in defending their systems following attacks on major players in the industry.
Altimeter Capital Management LP led the Series A funding round, with Point72 Ventures LLC also participating. Including this latest funding, Permiso has raised a total of $28.5 million to date.
Permiso recently launched CloudGrappler, an open-source tool to help security teams detect threat actors in Microsoft Azure and Amazon Web Services environments. The tool, available on GitHub, allows users to define the data sources they want to scan.
Overall, Permiso's innovative approach to cloud security and threat detection has positioned them as a key player in the industry, with strong support from investors and a growing list of satisfied customers.
Permiso's service protects identities in a modern digital enterprise by creating a "single pane of glass" for identities across various platforms to identify the riskiest actors in a given environment. The company's runtime graph and activity analysis engine generates high-fidelity alerts with immediate attribution and context by tracking all entities that access an environment.
By correlating runtime activity across boundaries with static information, Permiso helps organizations quickly detect and respond to threats in their cloud environments. The company's composite "meta" identity unifies human and nonhuman identities within an enterprise, providing security teams with a comprehensive view of their environment.
Since its emergence in 2022, Permiso has experienced significant growth and has notable customers such as Autodesk Inc., Nutanix Inc., and Modern Health Inc. The company has also assisted casino groups in defending their systems following attacks on major players in the industry.
Altimeter Capital Management LP led the Series A funding round, with Point72 Ventures LLC also participating. Including this latest funding, Permiso has raised a total of $28.5 million to date.
Permiso recently launched CloudGrappler, an open-source tool to help security teams detect threat actors in Microsoft Azure and Amazon Web Services environments. The tool, available on GitHub, allows users to define the data sources they want to scan.
Overall, Permiso's innovative approach to cloud security and threat detection has positioned them as a key player in the industry, with strong support from investors and a growing list of satisfied customers.