Token Security Secures $20M Funding to Combat Enterprise Machine Identity Threats

Token Security, a leading cybersecurity firm specializing in non-human identity security, has successfully raised $20 million in a Series A funding round. This significant investment reflects the growing importance of securing machine identities, especially as automated systems and cloud-based applications become more prevalent in corporate environments.

Funding Details and Investors

The recent funding round was spearheaded by Notable Capital, with contributions from TLV Partners and executives from major cybersecurity firms including Palo Alto Networks, CrowdStrike, Check Point, and Venafi. This latest round of funding comes just eight months after Token Security emerged from stealth, bringing its total funding to $27 million.

Focus on Machine Identity Security

Token Security is dedicated to enhancing the security of machine identities—credentials utilized by automated systems, AI agents, and cloud applications within enterprise networks. The company’s platform allows organizations to:

• Discover all non-human identities across their infrastructure.
• Manage machine credentials efficiently.
• Secure usage of these identities to ensure accountability.

Innovative Integration and Risk Mitigation

Token Security’s platform seamlessly integrates with identity providers and cloud environments, effectively mapping out all machine credentials. This connectivity helps link non-human identities with their human counterparts, facilitating rapid risk mitigation while preserving operational efficiency.

Industry Perspective

Oren Yunger, managing partner at Notable Capital, emphasized the urgent need for innovative solutions to manage and secure non-human identities, stating, “The explosion of machine identities, accelerated by agentic AI adoption and cloud-native architectures, has created an urgent need for a new approach.”

Token Security’s Market Position

Yunger further noted that Token Security has established itself as a leader in this emerging market, thanks to its comprehensive and robust product offerings. He remarked, “This is evident in how quickly leading CISOs have embraced Token. The company’s remarkable traction and exceptional execution position it to reshape how enterprises secure the rapidly expanding machine identity landscape.”

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