Silverfort Secures $30M in Series B Funding
Summary
Silverfort, a Boston, MA and Tel Aviv, Israel-baserd provider of an agentless, proxyless authentication platform, raised $30m in series B funding round. In conjunction with the funding, Mark Kraynak from Aspect Ventures will be joining Silverfort’s board of directors. The company intends to use the funds to expand its sales, marketing, engineering and customer success teams around the world. Its architecture allows the company to protect large and complex networks and cloud environments in a unified manner, with an AI-driven risk engine that automatically adjusts policies based on the user’s behavior, and prevents threats such as account takeover, ransomware and lateral movement. It also allows customers to migrate their existing servers and applications to the cloud in a secure manner without having to modify them.