Elisity to Close $26-Million Round for Cognitive Trust CyberSecurity Platform
Elisity | June 17, 2021
The new platform for behavior and identity-based enterprise cybersecurity, Elisity, Inc., the pioneer of Cognitive Trust™, has announced a Series A funding round totaling $26 million. It is co-led by AllegisCyber Capital and Two Bear Capital. Atlantic Bridge, the previous seed investor, is participating.
The present subsidizing will scale Elisity to satisfy customer needs for its cloud-delivered cybersecurity stage that can investigate the identity and context of individuals, applications, and gadgets—including IoT and OT—any place they're working. The platform can comprehend, engage and progressively adjust security from the edge to the cloud by learning conduct to review hazards, consequently and constantly streamline security assurance.
Elisity is the principal organization to offer a solitary online protection stage that is adequately astute to see how resources and individuals associate past corporate edges and powerfully adjust security for each client, gadget, information, and application from the edge to the cloud. Elisity's Cognitive Trust stage wires character and AI-driven social insight to ceaselessly evaluate hazard and quickly upgrade access, availability, and security arrangements that follow resources and individuals any place they go. Elisity helps endeavor class associations, everything being equal, and ventures get through the present siloed systems administration and-security bunch difficulties by incorporating resource the board, availability, and security.
Three co-founders began Elisity: Burjiz Pithawala, chief product officer; Sundher Narayan, chief architect; and Srinivas Sardar, vice president of engineering, who all previously held leadership roles product development, engineering, and architecture at Cisco. The chief group is driven by James Winebrenner, CEO, who drove the go-to-market procedure for Viptela from pre-dispatch through the deal to Cisco in 2017, having additionally held influential leader positions at Cisco, Aviatrix, and Checkpoint Software.
Strategic advisors include security and networking leaders such as Greg Akers (former SVP Advanced Security Research and Governments at Cisco), Khalid Raza (co-founder of Viptela and CEO and founder of Graphient), Brian Long (co-founder and managing partner at Atlantic Bridge and on Elisity's Board of Directors), and Jeff Tantsura (Internet Architecture Board). Spencer Tall and Mike Goguen will join Brian Long on the Elisity board due to today's transaction.
Elisity understands behaviors and identity to simplify connectivity, asset and user access, and security from the initiative edge to the cloud. Elisity invented the AI-powered Cognitive Trust platform to learn behavior, measure risk enthusiastically, and promptly adapt apparent access policies for people, devices, data, and applications. Elisity is based in San Jose. The company is backed by AllegisCyber Capital, Two Bear Capital, and Atlantic Bridge.