Zilla Security, an identity security platform for cloud and hybrid IT settings, has completed a $13.5 million Series A fundraising. With assistance from Pillar VC, Tola Capital and FirstMark Capital jointly led the financing. The additional funding will be used to boost product development, expedite expansion, and open-up new routes of distribution.
The platform was created by industry leaders in identity governance and access security from Aveksa (acquired by RSA), Netegrity (acquired by CA), and Forgepond (acquired by MobileIron). It would be tackling one of the largest problems that companies are now facing: identity security.
“Today, organizations recognize that identity is the new perimeter when it comes to cloud security,” said Deepak Taneja, CEO and Co-Founder of Zilla Security. “But making sure that the right identities always have the right access across complex, siloed, and dynamic cloud environments can be a daunting task. Zilla eliminates all the complexity in managing identities and permissions by combining identity governance and cloud security into one platform. We’ve created the only identity security solution, purpose-built to automate the monitoring and lifecycle of user and machine entitlements through no-code integration across all environments.”
Robotic Automation Technology
Zilla offers continuous change monitoring, risk detection, visibility and evaluations of cross-organizational access, as well as the ability to automatically correct permission drift over time. Based on its robotic automation technology, Zilla Universal Sync, the firm would be ideally equipped to address the difficulty of maintaining identities (human, machine, and APIs) and entitlements (ZUS). Enterprises can “swiftly and easily” onboard any application, service, or platform, whether it is in the cloud or on-premises, thanks to ZUS’s “superior” connectivity.
“Security teams need to understand their identity systems in order to secure the company against a wide range of threats,” said Aaron Fleishman, Partner at Tola Capital. “We have seen this as a challenge for many years and were excited to find that Zilla offers a simple solution to provide complete visibility to security teams across all their identity platforms. We are thrilled to partner with Deepak, Nitin, and the Zilla team and invest in a truly security-focused identity solution.”
The fresh capital comes at a time when the firm is experiencing rapid expansion. Zilla has powered more than fifty business clients since its launch on the market in April 2021, enabling them to automate security and compliance through access assessments, access risk mitigation, and continuous change tracking.
“Zilla Security is revolutionizing the identity security market,” said Amish Jani, Founder and Partner of FirstMark Capital. “The deep domain expertise the team has in identity management has enabled Zilla to significantly advance how enterprise organizations manage identity security across cloud, hybrid, and on-premises environments.”
