Britive closes Series A after reaching 300% year-over-year growth

Cloud-native access management platform Britive has scored $10m in its Series A round, which comes after an impressive 300% year-over-year growth.

Crosslink Capital served as the lead investor, with commitments also coming from Upfront Ventures and One Way Ventures.

With the capital, the company plans to accelerate its go-to-market efforts, bolster its innovation and product development and further protect cloud platforms and applications from data loss and account takeover.

Britive is a cloud-native security solution that helps organisations implement cloud security best practices, such as Just-In-Time access and zero standing privileges, to prevent security breaches and operational disruptions.

Its API-based integrations and technology orchestrates permissions for the cloud infrastructure and applications.

Britive CEO Art Poghosyan said, “Security teams today have to deal with a dizzying array of security tools  from CASBs, PAMs, IGAs, CIEMs, SSPMs, and more—and they still lack insight and control over human and machine identities and permissions in cloud platforms and applications.

“This leaves organizations open to breaches often caused by privilege misconfigurations, overly broad permissions, and abuse of privileged credentials. Britive’s approach of combining Just-in-Time permissioning with secrets governance capabilities dramatically improves cloud security by minimizing a company’s attack surface.”

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