Aembit Secures $16.6M to Reinvent Workload Identity Management and Bolster Cloud Security

Aembit Secures $16.6M to Reinvent Workload Identity Management and Bolster Cloud Security

Table of Content

In this article, we’ll explore the reasons behind Aembit’s launch and its innovative approach to workload identity and access management, backed by $16.6 million in seed funding from Ballistic Ventures and Ten Eleven Ventures.

Key Takeaways:

  • Aembit is a security startup focusing on workload identity and access management for DevOps and security teams.
  • The company has raised $16.6 million in seed funding from Ballistic Ventures and Ten Eleven Ventures.
  • Aembit aims to provide a secure access solution for workloads without requiring developers to change their code.

Aembit: Tackling the Workload-to-Workload Challenge

Aembit, a Maryland-based security startup, officially launches its service today, focusing on helping DevOps and security teams manage how federated workloads communicate with each other. 

The company aims to apply its industry knowledge to manage user and device access to cloud workloads such as APIs, databases, and other cloud resources without necessitating changes to developers’ code.

Founders’ Journey and Mission

David Goldschlag and Kevin Sapp, the co-founders of Aembit, have spent 17 years working together, founding startups such as New Edge Labs and Trust Digital. 

They noticed that while API gateways and security services were in place, there was a need to focus on the client that accesses the API and ensure its authorization. 

Aembit’s mission is to address this aspect of workload-to-workload application-level access.

Becoming the System of Record

Aembit’s goal is to become the system of record for both workload identities and the workloads themselves. 

The platform can discover workloads from various fragmented sources and detect access patterns, making it easier to understand how workloads typically interact and take action when changes occur.

Expanding the Team and Product Development

With the new funding, Aembit plans to grow its marketing team and further develop its product. 

The company, which has had success selling to large enterprises, aims to launch a self-serve product that will enable it to expand to small and medium-sized businesses.

Workload Identity Management for a Changing Application Landscape

As applications evolve from monolithic and standalone structures to distributed and complex systems, Aembit’s cloud-based platform offers DevOps and security teams an easy-to-deploy and frictionless solution for managing workload identities, access, and privileges. 

The platform employs techniques such as secretless authentication and credential providers, as well as no-code integrations to streamline secure access for developers.

Conclusion

Aembit’s launch marks a significant step in addressing the challenges of workload identity and access management. 

With a strong foundation and financial backing, the company is poised to make a substantial impact on the industry and help organizations better secure their most critical digital assets.

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Written by

Alexander Sterling

Alexander Sterling

Alexander Sterling is a renowned financial writer with over 10 years in the finance sector. With a strong economics background, he simplifies complex financial topics for a wide audience. Alexander contributes to top financial platforms and is working on his first book to promote financial independence.

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Judith

Judith

Judith Harvey is a seasoned finance editor with over two decades of experience in the financial journalism industry. Her analytical skills and keen insight into market trends quickly made her a sought-after expert in financial reporting.