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Stack Identity raises $4 Mn in seed funding

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WestWave Capital and Benhamou Global Ventures, both based in the US, co-led Stack Identity's $4 million seed fundraising round. Stack Identity is an automation identity and access management (IAM) governance startup. Stack Identity, the funds will be used to scale product development, boost go-to-market plans, and increase customer reach across SMBs, mid-market companies, and enterprises.

The Silicon Valley area With an R&D facility in India, Stack Identity transforms cloud IAM operations to continuously find, stop, and regulate unapproved, unobserved, and invisible shadow access.

Cloud security teams can swiftly prioritise and automate repair thanks to Stack Identity's patent-pending Breach Prediction Index (BPI) technology, which identifies the 2% of hazardous access combinations that affect 90% of data assets. BPI is applied with deep data and application context.

Industry-leading businesses in India and North America are clients of the Ambrish Deshpande-led business. According to Stack Identity, its AWS cloud ecosystem combines manually managed infrastructure with automated DevOps to deliver continuous visibility into the dangers of our data exposure and the ability to automate least privileged enforcement for both our security and engineering operations teams.