Identity risk solutions business SecZetta has secured $20m from a Series B funding round led by SYN Ventures and MassMutual Ventures.
The round also saw participation from existing investors in the company including ClearSky and Rally Ventures.
Founded in 2006, SecZetta markets a platform that enables organisations to execute risk-based identity access and lifecycle strategies for vendors, partners, contractors, freelancers, bots, service accounts, and other non-employee populations.
The company also offers security and assurance through purpose-built solutions that seek to address third-party identity risk head-on and manage the identity risk and lifecycle management needs of growing third-party populations.
According to SecZetta, it intends to use the capital to hire across functions, expand its platform’s capabilities and grow in new and existing markets.
SecZetta noted that it previously recorded full-year growth of 300% in 2020.
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