31 August 2022, Boston — Zilla Security, the complete identity security platform for cloud and hybrid settings, has completed a USD 13.5 million Series A fundraising. With assistance from Pillar VC, Tola Capital and FirstMark Capital jointly led the financing.
Security teams must have a solid understanding of its identity systems to protect the business from various risks. Aaron Fleishman, Partner at Tola Capital, stated, “We have viewed this as a challenge for many years and were thrilled to see that Zilla offers a straightforward solution to provide complete access to security teams across all their identification platforms. We are ecstatic to collaborate with Deepak, Nitin, and the Zilla team and to fund a real identification solution with a security focus.
In terms of cloud security, enterprises now understand that identity is the new perimeter, according to Deepak Taneja, CEO, and co-founder of Zilla Security:
“It can be difficult to guarantee that the appropriate identities always have access to the appropriate resources across complex, categorized, and dynamic cloud infrastructures. By integrating identity governance and cloud security into a single platform, Zilla removes all the complexity associated with managing identities and permissions. We have developed the sole identity security solution to automate the monitoring and lifetime of user and machine entitlements through no-code integration across all environments.”
More about the platform:
The platform created by the industry leaders in identity governance and access security from Aveksa (acquired by RSA), Netegrity (acquired by CA), and Forgepond (developed by MobileIron) is tackling one of the most significant problems that companies are now facing: identity security. Zilla offers continuous change tracking, risk detection, visibility and reviews of cross-organizational access, and the automatic correct of permission drift over time.
Based on its cutting-edge robotic automation technology, Zilla Universal SyncTM (ZUSTM), the company is ideally suited to address the difficulty of maintaining identities (human, machine, and APIs) and entitlements. Enterprises can swiftly and efficiently onboard any application, service, or platform, whether in the cloud or on-premises, thanks to ZUS’s superior connectivity.
Amish Jani, the founder, and partner of FirstMark Capital claimed that Zilla was transforming the industry for identity security. Zilla has substantially improved how corporate firms manage identity security across cloud, hybrid, and on-premises systems thanks to the team’s strong domain expertise in identity management.
The fresh capital comes when the company is experiencing rapid growth. Zilla has powered more than fifty enterprise customers since its launch on the market in April 2021, enabling them to automate security and compliance through access assessments, access risk remediation, and continuous change tracking. The increased money will accelerate growth, extend product development, and establish new go-to-market channels.
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