Permissions management firm Entitle launches with $15m seed

February 23, 2023

Entitle, the founder of a cloud permissions management platform, has exited a period of stealth with $15m in seed financing.

The round was led by Glilot Capital Partners and saw participation by angel investors including more than 10 CISO’s from unicorn companies.

Founded in 2021, Entitle applies its teams’ expertise in deep learning, security operations and vulnerability research to deliver a cloud permissions management platform that fuses a security-first approach with a commitment to business enablement.

According to Entitle, its cloud permission management platform transforms how employees access cloud-based resources. It also automates access requests to prevent entitlement sprawl and save IT and DevOps teams a substantial amount of effort.

Entitle also eliminates provisioning-related bottlenecks so security leaders can easily enforce the Principle of Least Privilege while maintaining a seamless user experience.

Entitle’s platform features, amongst other things, self service requests and decentralised approvals, dynamic provisioning and visibility, governance and access reviews.

Entitle CEO and co-founder Ron Nissim said, “Our expertise in the IDF was in operational security and the core problems underlying permissions management are operational. Entitle enables us to apply our military training to solve a tough, long standing IT problem.

“The Entitle platform takes the risk management burden off DevOps teams and onto security, where it belongs. Our security-first approach eliminates the tradeoff between security and productivity and we’re excited to show what we bring to the table.”

Evrotrust Technologies, a Bulgarian RegTech identity verification and qualified trust services provider, has raised €2.5m in funding.

Founded in 2015, Evrotrust claims it offers unique and revolutionary technology for identification, strong authentication and signing. The technology is specifically developed with many of the current regulatory changes in mind, that take place within the services industry.