Identity security and government platform startup Linx Security Inc. revealed today that it has raised $50 million in new funding to expand its global footprint, scale up enterprise go-to-market efforts and accelerate product development around autonomous identity governance.

Founded in 2023, Linx Security offers a platform that is designed to address the growing complexity of managing human, machine and application identities across enterprise environments. The platform provides continuous monitoring of identity behavior, permissions and relationships across cloud infrastructure, software-as-a-service applications and internal systems.

It works by ingesting activity logs, access policies and configuration data from identity providers, cloud services and enterprise applications. The data is then processed through a data layer that maps identity relationships and privilege structures to allow the system to detect anomalies, excessive permissions and policy violations.

Complementing the platform is a recently launched autonomous artificial intelligence agent called Autopilot that evaluates the data to identify risks and determine appropriate remediation actions.

The platform supports automated identity discovery, privilege analysis and risk detection across both human and nonhuman identities such as service accounts and application programming interface keys. It also provides workflow support for access governance, including provisioning, deprovisioning and access reviews.

Linx says its platform is ideal for enterprise environments that operate across multiple cloud providers and software platforms, where identity sprawl and fragmented access controls create operational challenges.

The company has seen strong growth and counts among its customer base Wiz Inc., Evolv Technologies Holdings Inc., New American Funding LLC, Allegro Microsystems Inc. and Aramark Corp.

The Series B round was led by Insight Partners LP, with Cyberstarts and Index Ventures Management also participating.

“Identity governance has shifted from a back-office compliance function to a core pillar of enterprise security,” said Linx co-founder and Chief Executive Israel Duanis. “This funding allows us to scale faster and meet the growing demand from organizations that need real-time visibility and control over every kind of identity operating in their environment.”

The new funding takes the total raised by Linx to $83 million. The company previously raised a Series A round of $33 million in July 2024.

Image: Linx Security