Defakto Raises $30 Million for Non-Human IAM Platform

Defakto Raises  Million for Non-Human IAM Platform

Defakto has secured $30.75 million in a Series B funding round to enhance its identity and access management (IAM) platform for non-human entities. The platform aims to secure automated interactions across multiple cloud environments, replacing outdated credential models. #Defakto #IAM #CloudSecurity

Keypoints

  • Defakto’s funding round was led by XYZ Venture Capital and included several prominent investors.
  • The company focuses on securing non-human identities such as AI agents, services, and applications.
  • The platform works across AWS, Azure, Google Cloud, and hybrid environments to secure automated interactions.
  • Defakto’s solution replaces static credentials with dynamic identities to reduce security risks.
  • The funding will accelerate product development and market expansion efforts.

Read More: https://www.securityweek.com/defakto-raises-30-million-for-non-human-iam-platform/