Widefield Security Captures $11.3 Million Series A

<p><strong>SUNNYVALE<&sol;strong> &&num;8212&semi; WideField Security&comma; the only platform providing complete visibility and protection for the entire identity lifecycle&comma; has raised &dollar;11&period;3 million in Series A funding led by Crosspoint Capital with participation from existing investor Engineering Capital and others&period; The funding will accelerate product development and go-to-market expansion as enterprises face an exponential increase in identity-related breaches&period;<&sol;p>&NewLine;<p>Zach Siverston&comma; Managing Director at Crosspoint Capital&comma; will join WideField&&num;8217&semi;s board of directors&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Identity compromise is the root cause of too many breaches&comma;&&num;8221&semi; said Abhay Kulkarni&comma; Co-founder and CEO of WideField Security&period; &&num;8220&semi;This funding enables us to accelerate our mission to reduce data breaches stemming from identity compromises&period; We&&num;8217&semi;re grateful for the support of our investors as we make identity security comprehensive and effective&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Despite significant cybersecurity investments&comma; attackers continue to exploit compromised identities – both human and machine – to access sensitive data&period; The recent Salesloft Drift breach&comma; where stolen OAuth tokens gave access to Salesforce&comma; Google Workspace&comma; and Microsoft data&comma; underscores the urgent need for comprehensive identity security that extends beyond authentication&period;<&sol;p>&NewLine;<p>Founded in 2023 by Abhay Kulkarni &lpar;former VP of Engineering at Netskope&rpar; and Kartik Kumar &lpar;founding architect at Netskope&rpar;&comma; WideField Security addresses a critical gap in enterprise security&comma; namely that most organizations focus on authentication but leave post-authentication sessions unmonitored&comma; neglecting hidden vulnerabilities for attackers to exploit&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Most identity security solutions stop at authentication&comma; leaving enterprises vulnerable to post-authentication threats like session hijacking and token theft&comma;&&num;8221&semi; said Zach Siverston&comma; Managing Director&comma; Crosspoint Capital&period; &&num;8220&semi;WideField&&num;8217&semi;s comprehensive approach to securing the full identity lifecycle closes the post-authentication gap that’s responsible for many of today&&num;8217&semi;s most damaging breaches&period; We are proud to back the WideField team&period;&&num;8221&semi;<&sol;p>&NewLine;<p>WideField&&num;8217&semi;s platform provides visibility into the complete identity attack surface&comma; spanning human&comma; machine&comma; and AI identities across cloud&comma; SaaS&comma; and on-premises environments&period; Using AI&comma; the technology analyzes identity attributes&comma; privileges&comma; and relationships to identify exploitable risks&comma; ensure that authentication policies and multi-factor authentication are uniformly applied&comma; and detect post-authentication threats&comma; including session hijacking and third-party token theft&period;<&sol;p>&NewLine;<p>The company&&num;8217&semi;s name reflects its unique approach&semi; like a wide-field telescope that captures the entire sky rather than focusing on a single point&comma; WideField provides comprehensive visibility across all identities simultaneously and throughout their entire lifecycle – at rest&comma; in motion&comma; and in use&period;<&sol;p>&NewLine;