Jan 27, 08:45 PM

Token Security Raises $20 Million; Eclypsium Secures $45 Million to Combat Hackers Targeting Machine Identities

Token Security, a cybersecurity startup, has successfully raised $20 million to combat the increasing threat posed by hackers targeting machine identities. This funding comes in response to the rapid growth of machine identities, driven by the expansion of cloud computing and artificial intelligence, which has created significant security challenges. The company aims to provide solutions for securing non-human identities, such as API keys, tokens, and service accounts, which have surged in number due to the rise in AI adoption. In a related development, another cybersecurity firm, Eclypsium, has raised $45 million to enhance infrastructure security for companies.

#Token Security #Eclypsium

Written with ChatGPT (GPT-4o mini).

Sources

Notable Capital@notablecap
1 year ago
We’re excited to announce our investment in @TheTokenSec 🔒 solving a critical challenge: securing non-human identities (NHIs) like API keys, tokens, and service accounts. With NHIs exploding in the agents and AI adoption, Token equips security leaders to manage & secure their… https://t.co/Flzeyj7lEl
GeekWire@geekwire
1 year ago
Cybersecurity startup Eclypsium raises $45M to help companies secure their infrastructure https://t.co/kvkKC5vrSY
Infosec Alevski 💻🕵️‍♂️@Alevskey
1 year ago
Hackers are targeting machine identities. Token Security just raised $20M to stop them: https://t.co/pWx4kQG72L by TechCrunch #infosec #cybersecurity #technology #news

Token Security Raises $20 Million; Eclypsium Secures $45 Million to Combat Hackers Targeting Machine Identities

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