USA – Britive, a Los Angeles, CA-based provider of cloud-native security solutions for cloud-forward enterprises, raised $5.4M in late seed funding.
The round was led by Upfront Ventures with participation from OneWay and SmartGate, Andrew Peterson, CEO of Signal Sciences and Dave Cole, CEO of Open Raven. In conjunction with the funding, Kara Nortman, Partner at Upfront Ventures, joined the Britive board. The company intends to use the funds to further develop its platform technology for monitoring, analyzing, and dynamic orchestration of access privileges across cloud applications and infrastructure, as well as to expand its its go-to-market capability. Co-founded by CEO Artyom Poghosyan and CTO Alex Gudanis in 2018, Britive provides patent-pending technology that delivers control over access privileges, allowing users to dynamically elevate their own privilege levels (on a pre-authorization basis) to perform key administrative tasks for the minimum time requirement. Its intelligent engine learns user behavior and recommends privilege right-sizing for users and machine IDs, while constantly monitoring for anomalies that indicate privilege misuse. Customers include medium to large businesses and Fortune 500 enterprises across healthcare, automotive, retail, media & entertainment, and other industries. 10/09/2020
