{"id":24485,"date":"2021-05-24T05:48:57","date_gmt":"2021-05-24T05:48:57","guid":{"rendered":"https:\/\/rbsitsoftwaresolution.com\/blog\/britive-grabs-10m-series-a-to-build-automated-multi-cloud-permissions-tool.html"},"modified":"2021-05-24T05:48:57","modified_gmt":"2021-05-24T05:48:57","slug":"britive-grabs-10m-series-a-to-build-automated-multi-cloud-permissions-tool","status":"publish","type":"post","link":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/britive-grabs-10m-series-a-to-build-automated-multi-cloud-permissions-tool.html","title":{"rendered":"Britive grabs $10M Series A to build automated multi-cloud permissions tool"},"content":{"rendered":"

Britive<\/a>, an early-stage startup that is trying to bring privileged access control to a multi-cloud world, announced a $10 million Series A this morning. Crosslink Capital led the investment, with participation from previous investors Upfront Ventures and One Way Ventures.<\/p>\n

The company helps automate permissioning across multiple cloud vendors and software services, whether that involves a human or a machine seeking permission. In a world of increasing automation, it\u2019s often a machine seeking access, and that makes permissioning all the more critical, says Britive co-founder and CEO Art Poghosyan.<\/p>\n

\u201cWhat we offer is an automated approach to access, [moving from] what we call statically granted access, which constantly gets added all the time [\u2026] to completely \u2018just in time access\u2019,\u201d he said. That means that after you define a policy, it sets the ground rules for access, and grants it based on that policy for the time required, and nothing more, whether you\u2019re a human or a machine.<\/p>\n

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Mastercard is acquiring identity verification company Ekata for $850M<\/a><\/p>\n<\/blockquote>\n

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In today\u2019s complex development, world that could take many forms, including API keys and secrets. \u201cYes, sometimes those things are granted to a human actor like a DevOps engineer, but a lot of times it also needs to be granted \u2014 quote, unquote \u2014 to a Terraform script or to GitHub to go and build out application infrastructure or deploy an application,\u201d he said.<\/p>\n

The company currently has 40 employees, a number that Poghosyan expects to double in the next 12 months as he puts this capital to work. As a first-generation Armenian immigrant, Poghosyan says that he takes diversity and inclusion extremely seriously as he hires more employees.<\/p>\n

\u201cWe\u2019ve always been committed \u2014 in this business and our previous startup \u2014 to providing equal opportunities to talented people, no matter what background they come from. I\u2019m really proud that even as a small company \u2014 we\u2019re 40 at the moment \u2014 we have more than 50% of our workforce which comes from ethnic minority groups,\u201d he said.<\/p>\n

Britive, which is based in Los Angeles, launched in 2018 and brought its first product to market in 2019. The company raised a $5.4 million seed round<\/a> last July, which it announced in September, making the total raised so far approximately $15.4 million.<\/p>\n

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Pitching access management on the fly, Los Angeles-based Britive raises $5.4 million<\/a><\/p>\n<\/blockquote>\n

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Dumb things companies do with user security<\/a><\/p>\n<\/blockquote>\n

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\u00a0<\/p>\n

Article source: http:\/\/feedproxy.google.com\/~r\/techcrunchIt\/~3\/5uwtbwj0ClY\/<\/p>","protected":false},"excerpt":{"rendered":"

Britive, an early-stage startup that is trying to bring privileged access control to a multi-cloud world, announced a $10 million Series A this morning. Crosslink Capital led the investment, with <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[19],"tags":[25],"class_list":["post-24485","post","type-post","status-publish","format-standard","hentry","category-enterprise-software","tag-enterprise"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t