Silverfort, the identity protection company, is announcing the results of its recent series D funding round, having accumulated $116 million and bringing its total amount raised to $222 million. Coming on the heels of the company’s more than 100% growth, this funding—led by Brighton Park Capital (BPC) with participation from Acrew Capital, Greenfield Partners, Citi Ventures, General Motors Ventures, Maor Investments, Vintage Investment Partners, and Singtel Innov8—will fuel both go-to-market efforts for its end-to-end identity protection platform, as well as for team and channel partnership growth.
Silverfort emphasizes identity protection as a crucial component of enterprise security, where compromised identities and credentials act as the leading tactic for cyber threat actors, according to the 2023 Verizon Data Breach Investigations Report.
The Silverfort Unified Identity Protection Platform is purpose-built to eradicate silos and blind spots that lead to unauthorized access of identity assets. By mapping the entirety of a company’s identity infrastructure, Silverfort analyzes its security posture to surface every access attempt across all environments in real time, according to the vendor.
Available both on-prem and in the cloud, Silverfort’s platform enforces identity security on every enterprise resource with both speed and ease.
“Silverfort takes identity protection to resources and identities that no other company has before; we connect to the entirety of an organization’s identity infrastructure in a matter of hours, from cloud-native identity providers to legacy on-prem directories such as Active Directory, to the tools and resources attackers regularly go after,” said Hed Kovetz, CEO of Silverfort. “Silverfort is unique in that it connects to all identity infrastructure, giving us enough context to tell when it's not you.”
The architecture of Silverfort’s platform acts as a centralized enforcement engine behind all identity infrastructure silos, as well as a secondary opinion for access requests, according to the vendor. The solution functions invisibly to all devices, servers, and apps it protects. The platform also employs several security control capabilities, including:
“It’s the combination of AI, visibility, and machine learning technologies that help us determine if someone is doing something that they shouldn't be doing. If we determine it’s not a valid request, we can stop the identity-based threat in real-time,” explained Kovetz. “By connecting to all the silos of the enterprise identity infrastructure, both on-prem and cloud, we unify identity protection into a single platform, and extend protection to resources that cannot be protected by any other solution—think service accounts, legacy systems, or command lines. The tools attackers actually use.”
Silverfort will continue to extend its identity security platform into resources previously unprotected, gaining deeper visibility into new product areas with more identity security modules.
To learn more about Silverfort’s platform, please visit https://www.silverfort.com/.