Riptides Raises $3.3M in Pre-Seed Funding
Summary
The round was led by PortfoLion Capital Partners and Kaya VC. The company intends to use the funds to support product development, security research, and early design partnerships. Led by CEO Márton Sereg, Riptides improves manually managed credentials by replacing APIs keys, tokens, and passwords with cryptographically verifiable identities that are automatically issued and rotated. These identities allow agents and workloads to authenticate each other, encrypt connections, and control access without relying on static secrets.
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