Authomize

Company Overview

Snapshot

Founded in September 2019 by Dotan (Dot) Bar Noy, Ron Liberman, and Gal Diskin, Authomize operates with 1–10 employees. The company raised $22 million across three funding rounds from five investors, with Entrée Capital and Blumberg Capital leading a round. Authomize was acquired by Delinea in January 2024.

Business overview

Authomize provides an identity threat detection and response platform designed to establish identity-first security. The company's core technology detects, investigates, and responds to identity and access threats, protecting cloud services and applications from account takeovers, privilege escalations, and identity-based attacks. Authomize offers comprehensive observability, actionable insights, and remediation automation, enabling adherence to security and compliance requirements for enterprises in the Cyber Security sector.

Strategic signal

Authomize's acquisition by Delinea in January 2024 for several tens of millions of dollars signifies a strategic consolidation within the identity security market. This move indicates a strong validation of Authomize's technology and its potential to enhance Delinea's cloud identity security controls, suggesting a continued focus on integrated security solutions for investors and innovation teams.

Company Intelligence Q&A

What was the most significant recent corporate development for Authomize?

Authomize was acquired by Delinea in January 2024 for several tens of millions of dollars, integrating its identity threat detection capabilities into a larger security portfolio.

When did Authomize announce a strategic partnership with Delinea?

In July 2022, Delinea and Authomize announced a strategic partnership aimed at expanding and enhancing cloud identity security controls.

Which companies led Authomize's May 2021 funding round?

Authomize's May 2021 funding round was led by Innovation Endeavors and Entrée Capital.

What recognition did Authomize receive in June 2021?

In June 2021, Gartner named Authomize as a 2021 Cool Vendor in Identity-First Security.

When did Authomize become available in Australian Microsoft Data Centers?

Authomize became available in Australian Microsoft Data Centers in April 2023.