Work Here?
Industries
Data & Analytics
Cybersecurity
Company Size
201-500
Company Stage
Acquired
Total Funding
$1.7B
Headquarters
Salt Lake City, Utah
Founded
2004
Venafi focuses on managing machine identities, which are digital credentials used by devices and applications for secure authentication and communication. Its platform automates the management of cryptographic keys and digital certificates, offering solutions like TLS Protect and CodeSign Protect to address specific security needs. Unlike competitors, Venafi specializes in this niche area of cybersecurity, which is increasingly vital as digital transformation and cyber threats grow. The company's goal is to enhance enterprise security by ensuring the proper management of machine identities, preventing outages, and securing DevOps processes.
Help us improve and share your feedback! Did you find this helpful?
Total Funding
$1707.2M
Above
Industry Average
Funded Over
5 Rounds
Venafi launches SaaS machine identity products in Australia.
This article is part of VentureBeat’s special issue, “The cyber resilience playbook: Navigating the new era of threats.” Read more from this special issue here.Deepfakes, or AI-driven deception and weaponized large language models (LLMs) aren’t just cyber threats; they’re the new weapons of mass exploitation. Adversaries aren’t just hacking systems anymore; they’re hacking people and their identities.Impersonating executives, bypassing security with stolen credentials and manipulating trust at scale are all redefining the new threatscape. It’s an all-out cyberwar with identities hanging in the balance. AI and generative AI are giving adversaries an edge in how quickly they can fine-tune and improve their tradecraft.The result: Massive breaches and ransomware demands that are setting new records and fueling double extortion demands.CrowdStrike’s 2024 Global Threat Report highlights this concern, revealing that 60% of intrusions now involve valid credentials, revealing the growing threat of identity-based attacks. Jeetu Patel, Cisco’s EVP and CPO, describes the fundamental problem enterprises face: “The attacks are getting very coordinated, but the defenses are very isolated. That dissonance is not a healthy distance to have.”Shlomo Kramer, cofounder and CEO of Cato Networks, echoed that view: “The era of cobbled-together security solutions is over.” Cato’s rapid growth underscores how businesses are moving to unified, cloud-based security to eliminate these gaps.Adversaries ranging from rogue attackers to nation-state cyberwar units are prioritizing the exfiltration of identities at scale and profiting from them for financial and political gain (sometimes both).It’s on security leaders and their teams to shift their security postures to adapt and stop identity-driven attacks, beginning with continuous authentication, least privilege access and real-time threat detection
Holt joins DigiCert from Venafi, where he served as Vice President of Sales, covering both the EMEA and APAC markets.
Venafi, a CyberArk company, introduced new product capabilities in its Control Plane for Machine Identities during the 2024 Machine Identity Security Summit.
Venafi, the leader in machine identity security, today released a new research report, Organizations Largely Unprepared for the Advent of 90-Day TLS Certificates.
Find jobs on Simplify and start your career today
Industries
Data & Analytics
Cybersecurity
Company Size
201-500
Company Stage
Acquired
Total Funding
$1.7B
Headquarters
Salt Lake City, Utah
Founded
2004
Find jobs on Simplify and start your career today