Multi-factor authentication provider Silverfort raises $11.5 million Series A
Silverfort, a multi-factor authentication provider with roots in Israel’s famed cyber-espionage unit, announced on Monday that it’s getting an infusion of $11.5 million in its Series A investment round, led by TLV partners. The company, founded in 2016, provides companies with the ability to implement multi-factor authentication for their networks, cloud environments and devices. Silverfort says it doesn’t matter whether the asset the customer wants to protect natively supports multi-factor authentication; its product can integrate regardless. “Our goal is to enable strong authentication across all enterprise assets without reducing productivity. Existing authentication solutions can no longer handle the scale, diversity and dynamic nature of today’s networks,” said Silverfort CEO Hed Kovetz in a statement. Kovetz and co-founders Matan Fattal and Yaron Kassner are alumni of the Israeli Defense Forces’ clandestine Unit 8200, according to their company bios. A partnership Silverfort started last month makes the service more seamless on systems protected by cybersecurity […]
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