Security News > 2020 > July > Identity and Data Protection Provider Ermetic Raises $17 Million
Identity and access protection provider Ermetic this week announced that it secured $17.25 million in a Series A funding round, which brings the total amount raised by the company to $27.3 million.
Founded in 2019, the company provides protection for identities and data in the cloud, through access policy and continuous visibility.
Ermetic enforces least privilege access on both user and machine identities to help prevent data breaches within cloud platforms including AWS, Microsoft Azure and Google Cloud.
The company's Cloud Infrastructure Entitlements Management platform automatically finds all identities in the cloud, and analyzes entitlements, roles and policies.
Ermetic plans to invest the new funds in scaling research and development for its platform.