Identity security has quickly become one of the most complicated — and critical — pieces of our cybersecurity strategy. And a company called AuthMind is betting that the answer lies in better visibility, not more complexity.
AuthMind just raised $19.3 million in seed funding, led by Cheyenne Ventures with support from Ballistic Ventures, IBM, and others. This brings their total funding to about $28 million — a serious investment in the future of identity protection.
Most identity security tools react to problems after the fact. AuthMind is trying to flip that script by watching the flow of identity activity in real time, across everything from cloud and hybrid environments to SaaS and on-premises systems.
Here’s what stands out:
- Continuous monitoring for both human and non-human identities.
- Consolidated identity security posture management (ISPM) to find hidden risks.
- Threat detection and response (ITDR) built in from the ground up.
In short, it’s not just about locking the doors anymore — it’s about knowing when someone’s trying the handle, long before they step inside.
With organizations relying on hundreds of apps and systems, blind spots are everywhere. AuthMind’s platform is designed to detect and address:
- Shadow assets (unknown or unmanaged systems)
- Missing multi-factor authentication (MFA)
- Unauthorized local accounts
- Compromised identities
- SaaS app usage risks
- Access control bypass attempts
- Brute force attacks
And it’s built to prevent dangerous activities — not just report on them after damage is done.
AuthMind plans to use the fresh funding to:
- Accelerate its go-to-market strategy, reaching more enterprises and SMBs.
- Invest in product innovation, making the platform even more adaptive to complex, fast-changing environments.
CEO Shlomi Yanai summed it up well: enterprises need context, clarity, and control to protect their environments, and AuthMind’s observability-first approach is designed to deliver exactly that.
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