accSenSe Raises $5M in Seed Funding

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Summary

accSenSe, a Tel Aviv, Israel-based provider of an enterprise ready business continuity platform for Okta, raised $5M in Seed funding. The round was led by Joule Ventures, with participation from Gefen Capital, Fusion, and independent investors. The company intends to use the funds to expand to other IAM vendors and to accelerate new market expansion and hiring. Led by CEO Muli Motola, accSenSe provides Okta customers with both workforce and customer IAM needs with a single platform for continuous protection and real-time access management. Its platform is designed to make IAM systems resilient, with features such as one-click recovery, constant verification of backed-up data, periodic testing for keeping the backup up-to-date and the ability to identify changes between different PiTs (Points in Time).

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$10M to $25M