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Aembit Secures $16.6M Funding to Champion Identity-Based Security for Workload Access

Maryland-based cybersecurity startup emerges from stealth with $16.6M seed funding to revolutionize workload access security.

21st March 2023
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Aembit Secures $16.6M Funding to Champion Identity-Based Security for Workload Access
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The cybersecurity landscape is constantly evolving, and Aembit, a Maryland-based startup, is leading the charge in securing access between federated workloads. Recently launching from stealth with $16.6 million in seed funding, Aembit has garnered the support of Ballistic Ventures and Ten Eleven Ventures. Their innovative approach focuses on providing secure, uninterrupted access to critical services like APIs, databases, and cloud resources while allowing companies to apply a zero-trust security framework to workload access.

Distributed applications have become increasingly complex over the past decade, leading to challenges in scaling secure access, and visibility for security teams, and enabling developers to focus on building essential business functionalities. Aembit’s cloud-based platform addresses these challenges by offering a user-friendly solution that DevOps and Security teams can easily deploy, and developers can adopt without hassle.

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Recent breaches, such as the T-Mobile and CircleCI incidents, underscore the importance of effective access management. Aembit’s pioneering approach leverages techniques like secret less authentication, credential providers, and no-code integrations to simplify secure access for developers, helping organizations remain secure and protected.

Co-founders David Goldschlag and Kevin Sapp bring over 17 years of experience in solving challenging problems in the identity and access management (IAM) space. Their unique understanding of the challenges faced by DevOps, Developer, and Security teams has led to the development of Aembit, a solution that makes secure access easy and scalable.

Investors have recognized the potential of Aembit’s approach to workload access security. Mark Hatfield, Co-founder and General Partner at Ten Eleven Ventures, expressed his excitement about Aembit’s potential to grow their product and company, while Jake Seid, Co-founder and General Partner of Ballistic Ventures, emphasized the importance of securing the connections between workloads in the cloud.

As Aembit continues to revolutionize workload access security, businesses can expect a more comprehensive, seamless approach to cybersecurity implementation, protecting their most critical digital assets in today’s distributed application environment.

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