Linx Security Emerges from Stealth with $33 Million in Funding to Revolutionize Identity Management

Linx, a cybersecurity startup focused on identity management, has announced $33 million in funding as it steps into the spotlight. The funding comes in two tranches, underscoring the company’s growing momentum: a recent $27 million round co-led by Index Ventures and Cyberstarts, following a $6 million seed round led by Cyberstarts.

The Identity Management Challenge

Identity management has been a major vulnerability in cybersecurity, often leading to significant breaches. Organizations struggle to track and manage identity information, making it a prime target for malicious hackers. Linx is addressing this challenge with AI and analytics to help organizations manage and secure identity data more effectively.

Linx’s Innovative Approach

Linx uses AI to scan and understand an organization’s system, linking identities to active employees and identifying ungoverned IDs that pose security risks. This automated approach allows for quick identification and removal of outdated or unused identity information, significantly reducing the time and effort required compared to traditional methods.

Founders’ Expertise and Background

Linx was founded by Israel Duanis (CEO) and Niv Goldenberg (CPO), both alumni of the Israeli army’s 8200 cyber unit, which has produced many successful cybersecurity professionals. Duanis and Goldenberg bring extensive experience from leading companies such as Checkpoint Software, Microsoft, Adallom, and Transmit.

Support from Esteemed Investors

The company’s investors include notable figures in the cybersecurity industry: Mickey Boodaei, Rakesh Loonkar, Assaf Rappaport, and Yinon Costica. Their backing speaks to the founders’ reputation and the potential impact of Linx’s technology.

A Vision for the Future

Linx aims to transform identity management by providing organizations with a comprehensive, efficient, and secure way to manage identity data. As identity becomes the new perimeter in cybersecurity, Linx is positioned to be a key player in protecting organizations from identity-driven threats.