Akeyless raises $65M to provide Secrets Management as-a-Service for DevOps and multi-cloud environments
NEW YORK and TEL AVIV, Israel, Nov. 16, 2022 /PRNewswire/ -- Akeyless, the leading SaaS-based Secrets Management Platform for securing DevOps and IT workloads within hybrid and multi-cloud environments, today announced $65 million in series B funding, bringing the total funding to date to $80 million. The round was led by NGP Capital, with participation from existing investors Team8 Capital and Jerusalem Venture Partners (JVP). In addition, the company announced that Mike Christenson, the former COO & President of New Relic and CA Technologies, has joined as an investor and board member.
- "Existing secrets management solutions don't meet the current needs of enterprises," said Oded Hareven, CEO and co-founder of Akeyless.
- Akeyless is the only platform to offer a true zero-knowledge Secrets Management as-a-Service solution.
- Akeyless centralizes the management and security of secrets across multi-cloud and DevOps environments.
- Akeyless stores customer secrets and makes them easily accessible in all their environments, while its patented Distributed Fragments Cryptography (DFC) technology makes the secrets inaccessible to anyone besides the customer Akeyless included.