Axiom is a new cloud security solution that has launched out of stealth following the close of its seed round on $7m.
The funding round was led by S Capital and unnamed angel investors.
Axiom claims that identity and access management (IAM) is hindering engineering productivity and posing cybersecurity risks. It stated that engineering teams are stuck waiting to get access to software.
Additionally, the sprawl of developer platforms across a multitude of clouds has created a meandering landscape. This means the IAM best practice of least privilege is impossible to scale.
Security and IT teams are forced to make critical decisions without context to manage provisioning with endless orchestration between users, groups, and permissions, it said.
Itay Mesika and Ilan Dardik founded Axiom to fix this problem. Mesika said, “We experienced the cloud and SaaS authorization problems that many companies consistently struggle with first-hand.
“We developed a user-friendly platform that automatically orchestrates cloud and SaaS IAM operations to scale least privilege while minimising operational overhead and friction.”
Axiom’s platform supports and integrates with a multitude of developer productivity and collaboration platforms across clouds.
It provides end users with the right access at the right time at the click of a button. It also boasts ‘just-in-time’ personalised access in a self-service manner.
The technology also automatically orchestrates IAM operations to scale cloud access with granular approval workflows.
In other CyberTech news, Drata, a continuous security and compliance automation platform, netted $200m in a Series C funding round.
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