Identity management is one of the biggest security challenges facing organizations. Several recent security breaches have been the result of attackers stealing credentials or accessing a forgotten account. If the account is not actively used, because the employee is no longer with the company, for example, malicious login attempts may not be detected in time.
Tel Aviv-based security startup Linx Security is using AI and analytics to tackle challenges around identity management. The company’s technology maps the organization’s environment to find all accounts and collects data related to user access permissions. The platform monitors relationships between users, identities, and access rights and privileges to data and resources. Organizations can look at the relationships to shrink their attack surface, achieve and maintain compliance, and streamline operations, the company said.
There is not a lot of details about how the technology works beyond the fact that it uses AI, but the general gist is to link identities together and map them to active employees. Any identities that cannot be connected to employees still in the company, or belong to current employees but have never been used can be removed. Linx said the platform can also manage service accounts and other machine-based identities.
The company did not disclose and customer information but said they span technology, financial services, real estate, and retail sectors.
The company’s two co-founders Israel Duanis (CEO) and Niv Goldenberg (CPO) have ties within the Israeli cybersecurity ecosystem. Duanis previously was at Check Point Software and Goldenberg previously worked at Transmit Security and Adallom before it was acquired by Microsoft. Several of the individual investors in Linx are from founders with ties to Transmit, Wiz, and Adallom.
As part of the launch, Linx also raised $27 million in Series A funding in a round led by Index Ventures and Cyberstarts. Founded in 2023, Linx previously raised $6 million in a round led by Cyberstarts.
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