Token Security Emerges with $7M to Revolutionize Identity Security for the Machine Age

Token Security emerges from stealth mode with $7 million in funding to address the growing challenges of machine identity security. The platform provides visibility and continuous threat exposure management by focusing on machine identities first, rather than human-centric solutions. Token Security integrates with major infrastructure platforms and identity providers to extract context, evaluate, and prioritize threat detection, enabling security professionals to regain control and stay out of developers' way.

Token Security Emerges from Stealth with $7 Million to Revolutionize Identity Security for the Machine Age

Tel Aviv, Israel - March 8, 2023 - Token Security, a pioneer in machine-first identity security, has emerged from stealth mode today, announcing $7 million in seed funding. The round was led by TLV Partners and SNR, with participation from seasoned cybersecurity investor Shlomo Kramer, widely recognized as one of the founding fathers of Israeli cybersecurity.

The Machine Identity Explosion

The rapid adoption of cloud and microservice architectures has led to an unprecedented proliferation of machine identities. Today, the average organization possesses 45 times more machine identities than human ones, with the number doubling every three years. Managing and securing this vast and dynamic identity landscape has become an increasingly daunting task.

Legacy Solutions Fail to Address Machine Identity Challenges

Traditional identity security solutions are human-centric, focusing on controlling access for employees and contractors. However, this approach falls short in today's machine-driven environments. Token Security introduces a paradigm shift by placing machines at the forefront of identity management.

Token Security's Machine-First Approach

Token Security's platform inverts the traditional approach, starting with machines and continuously tracking who has access to them and for what purpose. This comprehensive visibility enables organizations to proactively identify and mitigate threats that legacy solutions often miss.

Seamless Integration and Contextual Analysis

Token Security seamlessly integrates with major infrastructure platforms, including AWS, Azure, Google Cloud, Kubernetes, and Snowflake. It also integrates with identity providers, source code repositories, and secrets managers, leveraging additional data to provide rich context for threat detection and prioritization.

Proven Success in Enterprise Environments

Token Security has already secured partnerships with companies ranging from mid-market to Fortune 500 across various sectors, including fintech, cybersecurity, insurtech, and e-commerce. The platform has consistently proven its ability to enhance security posture, reduce risk exposure, and optimize remediation efforts.

Expert Team with Deep Security Experience

Token Security's co-founders, Itamar Apelblat and Ido Shlomo, bring a wealth of experience in cybersecurity and technology leadership. They have served in key roles within the Israeli Intelligence Corps Unit 8200 and have extensive experience in both startups and large enterprises.

"Identity-based attacks are the number one attack vector, affecting even the likes of Microsoft and Cloudflare," stated Itamar Apelblat, Co-Founder and CEO of Token Security. "Our machine-first approach provides organizations with the visibility and control they need to effectively manage and secure their machine identities."

Transforming Identity Security

With its innovative approach and proven capabilities, Token Security is poised to transform identity security for the machine age. The company's $7 million seed funding provides a solid foundation for further growth and development, enabling it to continue delivering groundbreaking solutions that redefine identity security in the cloud era.