Deep Identity Raises $470,000 To Help Companies Manage Access On Their Networks

Funding Rounds

Summary

That essentially means, in more basic terms, that its software helps companies and enterprises manage staff access to information on their network. Far from a trivial matter, Deep Identity director Sivakumar Balasubramanian told me that some 60 percent of company fraud cases are based on erroneous entitlements. Entering requires that you spend more time and money, while you need to execute perfectly in such a large and important market to build your reputation there,” he added. The advantage of the latter two would be that potential new customers could easily sample its services without needing to go down the lengthy route of product cycles, which Balasubramanian said can run into millions of dollars and take years to complete. “Our competitors are the big names — like IBM and Oracle — but a major part of our appeal is to be closer to our customers, and constantly innovate to offer them more — such as connecting to target systems, and the granular level of our entitlements,” Balasubramanian added.

$ Funding

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Amount $470.0K Total raised
Date November 20, 2014 Announcement date
Investors Get2Volume, National Research Foundation Lead investors
Company http://www.deepidentity.com Funded company

Classifications

industries
No industries detected
applications
Data Management

AskAI Classifications

Labels
Identity Governance and Administration (IGA) Solutions Corporate Learning Software Technology Systems Integration

Linked Companies

Deep Identity
$10M to $25M