Venice Security Emerges From Stealth With $33 Million for Privileged Access Platform

Summary

Venice Security emerged from stealth with $33 million in funding, including a $25 million Series A led by IVP. Its platform provides just-in-time access across cloud, on-premises and SaaS systems, with adaptive policies and no agents or proxies.

Key points

• Venice Security, formerly Valkyrie, announced $33 million in total funding.
• The funding includes a $25 million Series A led by IVP, with participation from Index Ventures, Vine Ventures, Holly Ventures and angel investors.
• The company says its platform discovers identities and entitlements across cloud, on-premises and SaaS environments.
• Access is granted when needed and revoked immediately afterward, according to the company.
• The platform uses adaptive policies and requires no agents or proxies for deployment.

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