Elisity launches out of stealth after closing its seed round

Zero-trust networking and access software provider Elisity has launched out of stealth after closing a $7.5m seed round.

The investment was led by Atlantic Bridge, with the firm managing partner Brian Long joining the Elisity board of directors.

Also joining the board are Pure Storage chief customer experience officer Joe Pinto and BMC Software chief executive officer Ayman Sayed.

Having closed the round, the cybersecurity company is scaling its engineering, sales and marketing teams.

Elisity helps to secure access to enterprise assets and data through its unified policy and identity-based access solutions. Its AI powered technology creates an identity for users, devices and applications, with access only granted through policy and before interaction with resources is permitted.

Elisity CEO and co-founder Burjiz Pithawala said, ?The old paradigm of connecting first and then applying policies and security is broken.

?Elisity makes it possible to secure enterprise data in a world transformed by cloud, mobility, and connected devices and under constant attack by increasingly sophisticated bad actors. With Elisity Cognitive Trust, identity is the new perimeter, allowing you to proactively protect your enterprise assets and data while ensuring access without compromise to any application or any data from any device by any user from anywhere.p>

Copyright ? 2020 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research

Investors

The following investor(s) were tagged in this article.