Ballistic Ventures operates as a venture capital firm and offers the unparalleled benefit of an experienced, connected team that is focused on cybersecurity. They believe the essential step they can take today is to provide collective experience, network, and enthusiasm to the world's finest cybersecurity entrepreneurs.

Ballistic Ventures

Ten Eleven Ventures is the original cybersecurity-focused, global, stage agnostic investment firm. The firm finds, invests, and helps grow top cybersecurity companies addressing critical digital security needs, tapping its team, network, and experience to help build successful businesses. Since its founding, Ten Eleven Ventures has raised over $US 1 billion and made 40 cybersecurity investments across stages worldwide, including KnowBe4, Darktrace, Twistlock, Verodin, Cylance, and Ping Identity.

Ten Eleven Ventures

Okta Ventures, is the leading independent provider of identity for the enterprise, Okta is committed to being a catalyst for the industry. With Okta Ventures, Okta is playing a critical role in accelerating innovation throughout the identity ecosystem. We are investing in cutting edge technologies focusing on identity, security, and privacy.

Okta Ventures

Falcon Fund I is an early-stage investment fund started by CrowdStrike®, in partnership with Accel. The Fund will focus on seed and Series A investments in startups that are building applications on top of the CrowdStrike Falcon® platform.

CrowdStrike Falcon Fund

Acrew is a leading stage agnostic venture capital firm focused on investing in transformative companies, as well as diversifying the perspectives and cap tables of leading technology growth companies.

Acrew Capital

Aembit

Aembit is the Workload Identity and Access Management platform that DevSecOps teams use to automate secure workload access. With Aembit, teams now have a single workload identity broker across all clouds, SaaS, and data centers that simplifies the lifecycle of workload access.

Aembit provides a Workload Identity and Access Management (IAM) platform that enables secure connections between applications, APIs, databases, and cloud resources. The platform manages and enforces access between non-human identities across clouds, SaaS, and data centers through policy-driven, identity-based, and secretless access controls. It allows organizations to authorize access to services based on defined policies, issue credentials, and log interactions between systems without requiring developers to modify their code. The platform can be deployed on-premises, between SaaS and cloud providers, and in serverless environments. Aembit offers a discovery mode that helps organizations identify access patterns between workloads. The company achieved SOC 2 Type I compliance in September 2023, becoming the first Workload IAM company to do so. Aembit differentiates itself through its use of secretless authentication, credential providers, and no-code integrations to simplify secure access for developers.

Ensuring the right people access the right resources at the right time

Identity & Access Management

Aembit Raises $25M in Series A Funding

Aembit provides a Workload Identity and Access Management (IAM) platform that enables secure connections between applications, APIs, databases, and cloud resources. The platform manages and enforces access between non-human identities across clouds, SaaS, and data centers through policy-driven, identity-based, and secretless access controls. It allows organizations to authorize access to services based on defined policies, issue credentials, and log interactions between systems without requiring developers to modify their code. The platform can be deployed on-premises, between SaaS and cloud providers, and in serverless environments. Aembit offers a discovery mode that helps organizations identify access patterns between workloads. The company achieved SOC 2 Type I compliance in September 2023, becoming the first Workload IAM company to do so. Aembit differentiates itself through its use of secretless authentication, credential providers, and no-code integrations to simplify secure access for developers.
Key customers and partnerships
In January 2024, Aembit partnered with CrowdStrike to integrate with the CrowdStrike Falcon platform, enabling enterprises to manage and enforce conditional access policies based on real-time security posture of applications and services. The integration allows organizations to verify if a CrowdStrike Falcon agent is running on the workload and evaluates its security posture to drive workload access decisions. Aembit's solution became available through the CrowdStrike Marketplace as part of this collaboration.

A Developer’s Perspective on Workload Identity

Aembit Scores $16.6M Seed Funding for Workload IAM Technology "Unlock the Secrets to Achieving Your Goals: A Guide to Success!"

Aembit raises $16.6M to bring identity management to workloads

Aembit Introduces Google Workload Identity Federation Support

Aembit Becomes First Workload IAM Company to Achieve SOC 2 Compliance

Aembit and CrowdStrike Enhance Non

Aembit Named Finalist in Best Identity Management Solution for 2024 SC Awards

FortifID is a software company that puts individuals back in control of their identity and directly connects individuals to institutions. The company building a network to power secure, trusted &amp; robust consumer data for the digital world, also enabling individuals to seize control over the use of their personal data. They solve the needs ofbusinesses that use, buy or sell personal data, as well as the privacy needs of consumers for business using personal data, for business selling personal data, and for individuals. Their vision is a data solution for the digital age using blockchain and next-gen concepts from MIT. FortifID was founded in 2017 and is based in Mountain View, California, USA.

FortifID

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 Keycloak is an open-source identity and access management (IAM) solution developed by Red Hat. It provides robust user authentication, authorization, and single sign-on (SSO) capabilities, allowing users to securely access multiple applications and services with a single set of credentials. Keycloak supports industry-standard protocols such as OpenID Connect, OAuth 2.0, and SAML 2.0, ensuring interoperability and seamless integration with various applications and frameworks.
 
 
 One of Keycloak's key features is its ability to act as an identity provider (IdP), handling user authentication and attribute assertions. It can also function as a service provider (SP), relying on external IdPs for authentication and authorization. Keycloak offers a user-friendly administration console, where administrators can manage users, roles, and permissions, as well as configure authentication methods, federation settings, and authorization policies.
 
 
 Keycloak supports user federation, allowing it to integrate with existing user stores such as LDAP and Active Directory. It also enables identity brokering, empowering users to authenticate using their existing social media accounts or external identity providers. Additionally, Keycloak provides customizable login pages, password recovery mechanisms, and support for multi-factor authentication, enhancing security and user experience.
 
 
 As an open-source project, Keycloak benefits from community contributions, ensuring its continuous improvement and adaptation to evolving business needs. Organizations can leverage the extensive documentation, forums, and resources provided by the Keycloak community for support and guidance during implementation and customization.
 
 
 
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Keycloak

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 miniOrange provides Identity and Access Management (IAM) solutions offering a range of products, including Single Sign-On (SSO), Multi-Factor Authentication (MFA), and Cloud Access Security Broker (CASB). Its solutions secure access to various applications and cloud services while enabling seamless user experiences.&nbsp;
 
 
 miniOrange's technology allows organizations to implement access control policies based on factors like IP addresses, locations, devices, and time restrictions, providing granular control over data access. Additionally, its solutions integrate with platforms such as Microsoft 365, ServiceNow, Oracle EBS, and Zoom, enabling businesses to enhance security across their digital ecosystems. With a strong focus on compliance and data protection, miniOrange's IAM offerings help enterprises mitigate risks associated with unauthorized access, data breaches, and cyber threats.
 
 
 Key customers and partnerships
 
 
 miniOrange's client base spans various industries, including government entities, healthcare organizations, and enterprises across the US.&nbsp;
 
 
 miniOrange partners with companies like Oracle, Microsoft, ServiceNow, and Zoom, integrating their IAM solutions to secure access to these platforms seamlessly. Its extensive app integration library, comprising over 5,000 applications, allows organizations to optimize resources and costs while streamlining authentication and access management processes.
 
 
 
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miniOrange

One Identity provides identity security solutions focused on protecting and unifying four core elements: Identity Governance and Administration (IGA), Access Management (AM), Privileged Access Management (PAM), and Active Directory Management. The company's solutions help organizations manage identities across on-premises, cloud, and hybrid environments through a modular and integrated approach to user account management. In October 2021, One Identity acquired OneLogin, which expanded its capabilities to include Single Sign-On, multi-factor authentication, directory integration, and user provisioning. The combination allowed customers to take a comprehensive approach to identity security through a unified identity security platform.

One Identity

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 SailPoint provides identity security solutions for enterprises. Its identity governance and administration (IGA) platform, IdentityIQ, allows organizations to manage and secure access to applications, data, and cloud resources across their entire IT infrastructure. IdentityIQ automates user provisioning, access requests, access certifications, and policy enforcement, ensuring that users have the appropriate level of access based on their roles and responsibilities.
 
 
 IdentityIQ integrates with various enterprise systems, including cloud, mobile, and on-premises applications, through connectors and APIs. This integration allows for synchronized user access management across the organization's technology landscape. The platform's key components include, 1)Identity Cube, a centralized repository for user identities and access rights, 2)Policies for enforcing organizational and regulatory standards, 3)Workflows for automating identity-related processes, and 4)Tasks, scheduled or event-driven processes for executing specific activities).
 
 
 SailPoint's identity governance solution helps organizations streamline audit and compliance processes, enhance security posture, and improve operational efficiency. It offers features such as role-based access control (RBAC), separation of duties (SoD) enforcement, password management, and compliance reporting. The platform leverages AI and machine learning (ML) capabilities to automate tasks, analyze identity data, and assist in determining appropriate access levels.
 
 
 In August 2022, SailPoint was acquired by Thoma Bravo in an all-cash transaction valued at ~USD 6.9 billion. Subsequently, it was delisted from the New York Stock Exchange.
 
 
 Key customers and partnerships
 
 
 SailPoint has established partnerships with various technology companies and has a strong customer base spanning multiple industries. Some notable customers are General Electric, Vodafone, ADP, and Western Union. SailPoint has also formed a partnership with Circle Security, a decentralized threat prevention platform, to enhance the security offerings for its customers.
 
 
 SailPoint actively collaborates with industry leaders, such as Cisco and Rapid7, to expand its identity security solutions and integrate with their respective products and services. The company maintains a partner ecosystem, including managed security service providers (MSSPs) and resellers, to facilitate the deployment and adoption of its identity governance solutions across various market segments.
 
 
 
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SailPoint

Platforms that manage and control user access to systems, applications, and resources and govern the policies, processes, and controls necessary to ensure appropriate access levels, permissions, and entitlements are granted to users based on their roles, responsibilities, and organizational requirements

Platforms that manage and maintain controls, policies, and systems that govern the entire lifecycle of an employee's access to company resources, systems, and data

Platforms that provide an additional layer of security beyond traditional username and password authentication, including controls such as one-time passwords (OTP), biometric data recognition (such as fingerprint, facial recognition), hardware tokens, or push notifications to mobile devices as a means to strengthen the authentication process

Platforms that manage and secure the digital identities and access rights of customers or users across various applications, services, and resources of an organization

Platforms that focus on managing user credentials, including passwords, to ensure secure access to systems, applications, data and resources

Platforms that enable users to authenticate once and gain access to multiple systems, applications, or services without the need to provide separate credentials for each system or resource access and usage

IAM solutions enable personalization by tailoring user rights, roles, and access to services based on individual profiles

IAM solutions enhance transparency and accountability by controlling user access, monitoring activity, facilitating audits, and preventing unauthorized access, ensuring business data integrity

AI/ML in IAM help automate risk analysis, anomaly detection, and adapt access controls, improving security.

Certain customer IAM providers also offer biometric authentication solutions

This is a key demand driver for IAM solutions as companies switch to a hybrid work environment, driving the increased need to manage user identity and access to organizational resources

Companies offering IAM solutions offer their solutions under a B2B SaaS model

<div>
 
 Aembit, a company that specializes in nonhuman identity and access management (IAM), recently raised USD 25 million in a Series A funding round. The round was spearheaded by Acrew Capital and saw participation from Ballistic Ventures, Ten Eleven Ventures, Okta Ventures, and CrowdStrike Falcon Fund.
 The capital raised will be channeled into improving Aembit's nonhuman IAM solutions. These services perform the crucial role of securing access between workloads, such as clouds, SaaS, and data centres.
 Aembit conducted a survey that shed light on the state of nonhuman identity credentials in organizations. It found that 30% of the organizations store these credentials as code, while 23% communicate them through email and chat. Interestingly, over 60% of the respondents expressed a desire for a comprehensive solution for managing nonhuman identities throughout their organizations.
 
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Aembit

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