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Sgnl.Ai Secures $12M To Expand Its Enterprise Authorization Platform

Oct 27, 2022•about 3 years ago

Amount Raised

$12 Million

Palo AltoSecuritySoftware

Description

SGNL.ai, a company developing enterprise authorization software, today announced that it raised $12 million in seed funding led by Costanoa Ventures with participation from Fika Ventures, Moonshots Capital and Resolute Ventures. CEO Scott Kriz said the proceeds will be used to develop the company’s core products and hire the initial team, as well as work with design partners to refine SGNL’s solution.

Company Information

Company

SGNL

Location

Palo Alto, California, United States

About

SGNL’s modern Privileged Identity Management is redefining identity security for the enterprise with its cutting-edge identity data fabric. By decoupling credentials from identity and enabling real-time, context-aware access decisions, SGNL empowers organizations to reduce risk, streamline operations, and scale securely. That’s why Fortune 500 companies are turning to SGNL to simplify their identity access programs and secure critical systems. Founded in 2021, SGNL is backed by top security technology investors, including Microsoft’s M12 Venture Fund, Cisco Investments, Brightmind Partners, Costanoa Ventures, and others.

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