FinTechFunding

Aembit: Raises $16.6M in Total Funding

Aembit Raises $16.6M in Total Funding

  • Aembit, a Silver Spring, MD-based identity platform for DevOps and Security teams, raised $16.6M in Total funding
  • The round was led by Ballistic Ventures and Ten Eleven Ventures
  • The company intends to use the funds to expand operations and its business reach
  • The company is a Workload Identity Platform that lets DevOps and Security teams discover, manage, enforce, and audit access between workloads
  • The company provides secure access from workloads to the services they depend on, like APIs, databases, and cloud resources, while simplifying application development and delivery
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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