Posted by Oded Hareven
November 16, 2022
We’re excited to announce that we have raised a Series B round of $65 million! The funding round was led by NGP Capital with the participation of our existing investors Team8 Capital and Jerusalem Venture Partners (JVP). We are proud to welcome NGP as our new partners in this exciting journey, and proud as well to have the recognition by our previous investors, who continue to support us and participated in this round. Read the full press release here.
We would like to thank our loyal customers, who have embarked on this journey with us. We could not have done this without you. We look forward to using this investment to deliver more services and capabilities to help enable your success.
This new round of financing represents a giant leap forward for Akeyless in our efforts to empower organizations with SaaS-based, enterprise-grade management of secrets — credentials, certificates, and keys — for hybrid and multi-cloud environments. It is a testament to the importance of our mission and to the growth we have experienced since our founding.
In the past year, the number of DevOps professionals and Security practitioners using Akeyless has increased fivefold, now numbering in the thousands. We are extremely pleased to be trusted by Fortune 50 companies as well as mid-to-large enterprises across industries and geographies, who now enjoy streamlined secrets management with wide functionality for protecting both machine and human secrets. We plan to continue satisfying our existing customers while reaching a growing number of enterprises who wish to start their secrets management journey.
As Akeyless grows, our mission remains steadfast. We strive to solve the growing security and compliance challenges caused by the proliferation of secrets across modern hybrid, multicloud and DevOps environments. This new injection of capital will allow us to further expand our Product, R&D and Customer Success teams in order to help organizations strengthen their security posture in the midst of an increasingly sophisticated cyber landscape.
We look forward to continuing to grow with your help, leading the way to a more secure future.
P.S. We’ve achieved this success through our amazing Akeyless team, and we’re looking for more of the right people to join us in the excitement: check out Akeyless.io/careers.