Elisity Raises $37M Series B led by Insight Partners to Fuel AI Innovation in Identity-Based Microsegmentation
Apr 30, 2024•over 1 year ago
Amount Raised
$37 Million
Round Type
series b
Investors
Insight Partners
Description
Elisity, the pioneer in identity-based microsegmentation, has raised $37 million in Series B funding from global software investor Insight Partners. The new funds will be used to extend the platform’s artificial intelligence (AI) capabilities, fully leveraging organizations’ device identity data to anticipate and pre-empt emerging cyber threats and establish unprecedented control over IT, OT, IoT, and hybrid environments.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech