Zilla Security Closes $13.5M Series A Funding for Identity Security Platform

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No code automation platform combines identity governance with cloud security.

BOSTON, August 31, 2022 /PRNewswire/ — Zilla Securitythe most comprehensive identity security platform for cloud and hybrid environments, today announced the completion of a $13.5 million Series A funding. Tola Capital and FirstMark Capital led the round with backing from Pillar VC.

“Organizations today are recognizing that identity is the new perimeter in cloud security,” said Deepak Taneja, CEO and co-founder of Zilla Security. “But ensuring the right identities always have the right access in complex, siled, and dynamic cloud environments can be a daunting task. Zilla takes all the complexity out of identity and permission management by combining identity governance and cloud security on a single platform. We’ve created the only identity security solution purpose-built to automate the monitoring and lifecycle of user and machine entitlements through no-code integration into any environment.”

Zilla’s platform, developed by leading identity governance and access security pioneers from Aveksa (acq by RSA), Netegrity (acq by CA), and Forgepond (acq by MobileIron) addresses one of the biggest challenges facing organizations today: identity security. Zilla provides cross-organizational access visibility and reviews, risk detection, continuous change tracking, and the ability to automatically remediate permission drift that occurs over time. The company is uniquely positioned to address the challenge of managing identities (human, machine and APIs) and rights based on its innovative robotic automation technology, Zilla Universal Sync™ (ZUS™). ZUS offers advanced connectivity that allows businesses to quickly and seamlessly integrate any cloud or on-premises application, service or platform.

“Security teams need to understand their identity systems in order to protect the business against a wide range of threats. We have seen this as a challenge for many years and were pleased to see that Zilla offers a simple solution provide complete visibility to security teams across all their identity platforms,” said Aaron Fleishman, Partner at Tola Capital. We are thrilled to partner with Deepak, Nitin and the Zilla team and invest in a truly security-focused identity solution.”

“Zilla is revolutionizing the identity security market,” said Amish Jani, Founder and Partner at FirstMark Capital. “The team’s deep expertise in the field of identity management has enabled Zilla to significantly advance the way enterprises manage identity security across cloud, hybrid, and on-premises environments.”

The new financing comes at a time of strong growth and dynamism for the company. Since entering the market in April 2021, Zilla powers more than fifty enterprise customers by enabling them to automate security and compliance with access reviews, access risk remediation, and continuous change tracking. The new capital will be used to accelerate growth, expand product development and launch new channels to market.

About Zilla Security

Zilla is an identity security platform that combines identity governance and cloud security. Our SaaS platform is the only service that offers no-code integration across all environments – SaaS and in-house developed applications, cloud platforms and on-premises systems – to automate access security and compliance and deliver a complete system registration for user, machine, and API identities. To learn more, visit zillasecurity.com.

About Tola Capital

Founded in 2010 by former software operators, Tola Capital is a venture capital firm that believes in the power of software and data to transform the way the world works. Our diverse team offers hands-on engagement to founders creating solutions with the potential for long-term transformational change. We invest globally across multiple stages and exclusively target companies led by exceptional talent that build essential software for enterprise clients. For more information, visit https://www.tolacapital.com.

About FirstMark Capital

FirstMark is a venture capital firm based in New York City. Our mission is to partner with exceptional entrepreneurs who change the world by solving meaningful problems. We build deeply engaged networks that unite leaders around the world and accelerate founder success through high-impact services. We’ve proudly supported the founders of remarkable companies like Pinterest, Shopify, DraftKings, Riot Games, Frame.io, Ro Health, Dataiku and dozens more. Learn more and join our network at firstmarkcap.com.

SOURCE Zilla Security

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