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Data Center News > Blog > Investments > Anetac Raises $16M in Funding
Investments

Anetac Raises $16M in Funding

Last updated: May 6, 2024 1:00 pm
Published May 6, 2024
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Anetac

Anetac, a Los Altos, CA-based startup defending firms from blind spots of service accounts in hybrid environments, raised $16M in funding.

The spherical was led by Liberty International with participation from Protect Capital, GP Ventures, Anetac CEO Tim Eades and Jason Witty.

The corporate intends to make use of the funds to raise its service choices to cater to safety leaders’ wants within the trendy risk panorama.

Based in 2023 and led by CEO Tim Eades, Anetac is a supplier of a dynamic id and safety platform that gives steady visibility of the ever-evolving service account panorama that each group encounters immediately. Its streaming method dynamically addresses id issues and improves organizations’ safety posture. For hybrid environments, the answer affords real-time visibility, enabling customers to find, monitor and reply to the massive risk floor exploited by way of service accounts.

Commenting on the information Tim Eades stated: “It’s staggering to find the extent of poor safety hygiene amongst service accounts. With our new platform, obtainable immediately, we are going to proactively resolve the disconnect of static scanning instruments with an progressive, streaming method that dynamically addresses id issues and improves organizations’ safety posture.”

FinSMEs

06/05/2024

See also  Applied Labs Raises $4.2M in Seed Funding


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TAGGED: 16M, Anetac, Funding, Raises
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