Cybersecurity. [Photo: Shutterstock]

Auk, an identity management startup that blocks unauthorised access to enterprise applications, has raised a $60 million seed round.

SiliconANGLE reported on Tuesday that Accel, Greylock Partners and CRV co-led the round. Hetz Ventures, AlphaDrive Ventures and multiple angel investors also participated.

Auk is based in Tel Aviv, Israel, and is led by CEO Shai Morag (샤이 모라그). Morag previously founded 3 cybersecurity startups. The first was acquired by network equipment company Mellanox, which was sold to Nvidia in 2020. The other 2 companies were acquired by Palo Alto Networks and Tenable.

Auk provides a platform that automatically identifies access rights within enterprises. It identifies application accounts by employee and AI agents, then helps find potential risks based on that information. SiliconANGLE said it targets a situation in which it has become difficult to track who accesses which systems and when, because employees at large companies use multiple work applications and AI agents also move across multiple programs.

Auk also checks compliance with segregation of duties, or SoD, a principle that prevents a single employee from accessing multiple sensitive components in the same system at the same time. For example, it can be seen as a warning sign if an employee who can download files from a database can also modify user access logs.

Auk finds accounts where SoD is not properly applied and also identifies AI agents that have service access rights that are not essential for performing tasks.

Administrators can review issues in an interface similar to ChatGPT. They can use natural language prompts to check more information related to an incident or request response measures, and some issues can be fixed automatically. The platform presents a step-by-step action plan before making changes and then requests approval.

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#Auk #Accel #Greylock Partners #CRV #Palo Alto Networks
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