AuthMind, a cybersecurity company specialising in identity protection, has raised $19.3m in a seed funding round aimed at accelerating its product and market expansion.
The round was led by Cheyenne Ventures, with additional backing from Black Opal Ventures, K2 Access Fund, the Jefferies Family Office, Silver Buckshot Ventures, and Blu Venture Investors. Existing investors Ballistic Ventures and IBM also participated.
AuthMind focuses on identity protection for modern enterprises navigating complex, multi-cloud, and AI-driven environments. Its observability-based platform is designed to secure human, non-human, and agentic AI identities across SaaS, on-prem, hybrid and cloud setups.
The company said the funding will be used to expand go-to-market activities and further enhance the capabilities of its Identity Protection Platform. The platform, which can be deployed across an enterprise in minutes, aims to offer real-time detection and prevention of identity-based threats using contextual observability.
Cheyenne Ventures founder and managing director Gregory Eaton said, “As enterprises navigate increasingly complex technology environments, the complexity of identity protection has grown exponentially.
“AuthMind is addressing this challenge head-on with a new approach to identity protection through comprehensive identity observability, giving organizations the context, clarity and control to protect their environments. We are excited to support AuthMind as they lead the way in transforming identity protection.”
AuthMind CEO Shlomi Yanai added, “AuthMind is redefining identity protection by providing continuous, context-driven observability, posture management, and threat detection for all identities and their access paths across multi-cloud, SaaS, and on-premises environments.
“With the backing of top investors and advisors, we are poised to expand our market reach and protect enterprises against the growth of identity-based threats driven by today’s cloud migration and the accelerating use of AI tools.”
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