WideField Security Raises $11.3M to Protect Identity Lifecycle
Crosspoint Capital Partners leads funding spherical to advance safety for human, machine, and AI identities from authentication by way of post-session threats
WideField Security, the one platform offering full visibility and safety for your complete id lifecycle, as we speak introduced it has raised $11.3 million in Series A funding led by Crosspoint Capital with participation from present investor Engineering Capital and others. The funding will speed up product improvement and go-to-market enlargement as enterprises face an exponential enhance in identity-related breaches.
Zach Siverston, Managing Director at Crosspoint Capital, will be part of WideField’s board of administrators.
“Identity compromise is the basis reason behind too many breaches,” stated Abhay Kulkarni, Co-founder and CEO of WideField Security. “This funding permits us to speed up our mission to cut back information breaches stemming from id compromises. We’re grateful for the assist of our traders as we make id safety complete and efficient.”
Despite vital cybersecurity investments, attackers proceed to exploit compromised identities – each human and machine – to entry delicate information. The current Salesloft Drift breach, the place stolen OAuth tokens gave entry to Salesforce, Google Workspace, and Microsoft information, underscores the pressing want for complete id safety that extends past authentication.
Founded in 2023 by Abhay Kulkarni (former VP of Engineering at Netskope) and Kartik Kumar (founding architect at Netskope), WideField Security addresses a important hole in enterprise safety, particularly that the majority organizations give attention to authentication however depart post-authentication classes unmonitored, neglecting hidden vulnerabilities for attackers to exploit.
“Most id security solutions cease at authentication, leaving enterprises susceptible to post-authentication threats like session hijacking and token theft,” stated Zach Siverston, Managing Director, Crosspoint Capital. “WideField’s complete strategy to securing the total id lifecycle closes the post-authentication hole that’s accountable for lots of as we speak’s most damaging breaches. We are proud to again the WideField group.”
Beyond Authentication: Securing Identities in Use
WideField’s platform supplies visibility into the entire id assault floor, spanning human, machine, and AI identities throughout cloud, SaaS, and on-premises environments. Using AI, the technology analyzes id attributes, privileges, and relationships to determine exploitable dangers, make sure that authentication insurance policies and multi-factor authentication are uniformly utilized, and detect post-authentication threats, together with session hijacking and third-party token theft.
The firm’s identify displays its distinctive strategy; like a wide-field telescope that captures your complete sky relatively than specializing in a single level, WideField supplies complete visibility throughout all identities concurrently and all through their total lifecycle – at relaxation, in movement, and in use.
“Like many enterprises, we had good authentication controls in place, however restricted visibility into what occurred after customers and companies authenticated,” stated John McLeod, CISO at NOV. “WideField instantly put eyes on our total id assault floor, together with the machine identities. It’s uncommon to deploy a safety instrument and instantly see worth. WideField delivered from day one.”
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