TLDR:
- Clutch Security, a Tel Aviv-based cybersecurity firm, secures $8.5m in seed funding.
- Funding led by Lightspeed Venture Partners, with contributions from other industry luminaries and angel investors.
Clutch Security, a Tel Aviv-based cybersecurity firm, has successfully secured $8.5m in seed funding. The investment round was led by Lightspeed Venture Partners, with significant contributions from Merlin Ventures, Cyber Club London, and a cohort of industry luminaries and angel investors such as Nir Polak, Shlomo Kramer, and Armon Dadgar. The company is dedicated to revolutionizing the management and security of Non-Human Identities, offering unprecedented visibility into any type of NHI across an organization’s network through its Universal NHI Security Platform and Identity Lineage™ visualization. The funds will be used for team expansion and market penetration to meet increasing demand in the cybersecurity space.
Key features of the Clutch Security platform include risk identification and prioritization, tailored remediation playbooks, swift incident response capabilities, seamless integration with existing security workflows, and Zero Trust protections. CEO Ofir Har-Chen emphasized the importance of this funding in pushing the boundaries of NHI security innovation. The company has previously attracted attention and funding from various cybersecurity and venture capital communities, showcasing its potential and trust from investors.
