Authomize (Now part of Delinea) is a technology company.
Authomize (Now part of Delinea) has raised $22.0M across 2 funding rounds.
Authomize (Now part of Delinea) has raised $22.0M in total across 2 funding rounds.
Authomize (Now part of Delinea) has raised $22.0M in total across 2 funding rounds.
Authomize (Now part of Delinea)'s investors include 83North, Blackhorn Ventures, Blumberg Capital, Entrée Capital Ventures, Innovation Endeavors, Insight Partners, M12, Pitango Venture Capital, StageOne Ventures, Tiger Global Management, Webtalk Ltd, Anne Wojcicki.
Authomize was an Israeli cybersecurity startup founded in late 2019 that developed a cloud platform for detecting and eliminating identity-based threats, including account takeovers, insider threats, and lateral movement across SaaS, cloud, and hybrid environments.[1][4][5] It served enterprises needing continuous discovery, visibility, and adaptive controls for privileged access management (PAM), solving the problem of over-privileged identities and identity threats in multi-cloud infrastructures by integrating Cloud Infrastructure Entitlement Management (CIEM) and Identity Threat Detection and Response (ITDR) capabilities.[2][3][4] With 38 employees at acquisition, Authomize raised about $28 million from investors like Innovation Endeavors, Microsoft's M12, Blumberg Capital, Entrée Capital, and Tenable, achieving early traction before being acquired by Delinea in January 2024 for an estimated tens of millions in cash and stock.[1][3][7] Post-acquisition, its technology enhances Delinea's PAM platform, and its team forms the core of Delinea's new Israel R&D center, signaling strong growth momentum through strategic integration rather than standalone scaling.[1][4][5]
Authomize was founded in late 2019 by CEO Dotan Bar-Noy, CTO Gal Diskin, and VP R&D Ron Liberman, emerging from stealth in 2020 to address rising identity risks in cloud environments.[1][3][4] The founders, leveraging Israeli cybersecurity expertise, built a platform for continuous identity threat detection amid the shift to multi-cloud and SaaS adoption. Early traction came via $22-28 million in funding, including a 2021 round led by Innovation Endeavors and participation from Microsoft's M12 and others, plus a 2023 investment from Tenable.[1][3] A pivotal moment was its January 2024 acquisition by Delinea, where founders received primarily stock, aligning with Delinea's vision to extend PAM—itself formed in 2021-2022 by TPG Capital merging Thycotic and Centrify.[1][2][3] This deal humanizes Authomize's journey from stealth startup to integral R&D hub, with leaders like Bar-Noy expressing excitement about continued innovation under Delinea.[4][6]
Authomize stood out in the crowded cybersecurity space through these key strengths:
These features made Authomize a complementary acquisition target, enhancing Delinea's platform without redundancy.[4][8]
Authomize rode the explosive growth of identity security amid surging cloud adoption, where identity-based attacks became the dominant threat vector—accounting for most breaches via stolen credentials and over-permissions.[4][7] Its timing was ideal post-2020, as enterprises grappled with multi-cloud complexity, SaaS sprawl, and hybrid work, amplifying needs for extended PAM beyond legacy vaults.[2][3][9] Market forces like rising ransomware, regulatory pressures (e.g., zero-trust mandates), and competitors' moves—such as Tenable acquiring Ermetic—favored Authomize's niche in ITDR and CIEM.[1][3] By joining Delinea, it influences the ecosystem by accelerating cloud-native PAM evolution, establishing Israel's R&D footprint for global players, and enabling partners to address identity risks holistically, solidifying Delinea's position in a market projected to expand rapidly.[1][5][9]
With Authomize fully integrated by mid-2024, Delinea is poised to dominate extended PAM through enhanced ITDR and CIEM, targeting deeper enterprise adoption in multi-cloud security.[4][9] Trends like AI-driven threats, zero-trust architectures, and regulatory scrutiny will shape its path, potentially driving Delinea's expansion via the Israel R&D center and partner ecosystems.[1][5] Influence may evolve toward leading identity resilience platforms, with opportunities in automated remediation and global scaling—echoing Authomize's origin as a threat eliminator now powering broader defenses.[4][6] Investors and customers stand to benefit from this synergy in an identity-first security era.
Authomize (Now part of Delinea) has raised $22.0M across 2 funding rounds. Most recently, it raised $16.0M Series A in May 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2021 | $16.0M Series A | 83North, Blackhorn Ventures, Blumberg Capital, Entrée Capital Ventures, Innovation Endeavors, Insight Partners, M12, Pitango Venture Capital, StageOne Ventures, Tiger Global Management, Webtalk Ltd, Anne Wojcicki, Neil Hunt, Ralph Gootee | |
| Jun 1, 2020 | $6.0M Seed | Blackhorn Ventures, Blumberg Capital, Entrée Capital Ventures, Insight Partners, StageOne Ventures, Tiger Global Management, Webtalk Ltd, Anne Wojcicki, Neil Hunt, Ralph Gootee |