Stack Identity, a Silicon Valley startup, is identified to provide automated identity and access management (IAM) governance to identify and eliminate cloud data threat vectors. The company recently closed a USD 4 million seed funding round co-led by US-based WestWave Capital and Benhamou Global Ventures.
Stack Identity was created to solve the problem of cloud-based identity and access management (IAM). Enterprises can now protect sensitive data since they know who has access, why and for how long. As organizations accelerate the development of data-centric and AI powered applications, the investment capital can enable the company to further invest in solving the challenge of automated cloud security, scaling product development, and strengthen go-to-market strategies and expand customer reach, especially with small and mid-sized companies.
Stack Identity has a research and development center in India; home to development and delivery of path-breaking solutions for Shadow Access for organizations globally. Clients of Stack Identity include leading companies in North America and India. The company patented their Breach Prediction Index (BPI) algorithm to reduce threats of cloud security and improve IAM audits, compliance and governance.
Gaurav Manglik, General Partner at WestWave Capital, believes that with the technology and knowledge of the Stack Identity Team, they are ready to tackle the prevalent security problem. Yashwanth Hemaraj, Partner of Benhamou Global Ventures, is also supportive of the team, believing that Stack Identity is primed to excel and emerge as a market leaderin the IAM space.
Apart from these investors, Stack Identity also has supporters from Plug and Play and notable cybersecurity players. Steve De Jong, distinguished engineer at Vercara, mentioned that Stack Identity gives a continuous visibility into the data exposure risks and the capability to ensure least privileged enforcement for both engineering and security teams.
Stack Identity translates cloud IAM operations to detect, eradicated and rule out unmonitored and invisible shadow access. With their Breach Prediction Index (BPI) algorithm deepened with data and application context, the company can highlight the 2% of toxic combinations that impact 90% of data assets, allowing Cloud Security teams to execute remediation faster.
With offices in the Silicon Valley, and partners, investors and clients around the world, Stack identity is well-positioned to take a prominent role in the ever-growing field of cyber security.
The article has been provided by NewsVoir.ANI will not be responsible in any way for the content of this article.
